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29 January 2025 | 6 replies
The two are almost entirely different markets in terms of price points, returns, tenant quality, and overall investing strategy.
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18 January 2025 | 2 replies
Haha I bet there's been some crazy stuff out there but the one's I'll put up will definitely of better quality and insulated.
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27 December 2024 | 8 replies
Focusing solely on numbers often leads to the purchase of low-quality properties.
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30 January 2025 | 8 replies
Have to agree with most here in that a SF-> duplex conversion needs some really specific qualities to be worth the squeeze.
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30 January 2025 | 0 replies
By systematizing these areas, you can shift from a reactive approach—where deals dictate your strategy—to a proactive model that generates high-quality acquisitions with reduced risk.2.
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17 January 2025 | 24 replies
IRS 590 also explains this.5) When you receive a distribution or otherwise get paid back, never take personal control of the money.
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30 January 2025 | 2 replies
https://www.biggerpockets.com/forums/12/topics/1122318-quality-turnkey-companies?
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13 January 2025 | 7 replies
Other CPAs and firms have quoted me 5k-10k+ but are no where near as responsive and personable as my current CPA and accountant.
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29 January 2025 | 16 replies
-------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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22 January 2025 | 15 replies
@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?