Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
I agree with you on not being able to collect on judgements.
Yanick Lagoye
New member from CA
4 January 2025 | 1 reply
Many good resources here and forum post for new investors.
Akshay Monga
Automating Deal Analysis: Programmatically Pulling MLS Data & Rating Property Conditi
2 January 2025 | 0 replies
I currently assign these scores manually, but it’s tedious and limits how quickly I can evaluate opportunities.Ideally, I’d like to:•Automate the collection of MLS/Zillow data.
Anthony Poulin
Starting a Long Term REI Business Starts Today! Lets go!!
17 January 2025 | 6 replies
If you're open to looking at some resources here's what I would recommend you start with based on what you've said:1.
Dan Ermolovich
Eviction Issue - Out of state investor
29 December 2024 | 5 replies
I am desperate to get this tenant out of the property and collect all past due rent.
Ashley Snider
Hello! Starting on square one!
6 January 2025 | 11 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
Allende Hernandez
Do you run screening in all the potential tenants?
11 January 2025 | 15 replies
And what if the one person you didn't check has a criminal background, has collections, and more?
Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
It’s also great that you already have equity in your primary residence and cash available—those are valuable resources for getting started.If you’re considering a multifamily property, house hacking could be a great way to dip your toes into investing while minimizing risks.
Rose White
Tenant Background Check
15 January 2025 | 6 replies
What if they have collections or judgments?
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.