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Results (10,000+)
William Silva First Time Investment Property Buyer
7 October 2024 | 16 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
James Khail Best place to invest for a California resident?
7 October 2024 | 34 replies
You already covered this, but I would avoid investing here in CA because of the terrible landlord laws.
Dhwani Shah Help me analyze this deal
6 October 2024 | 8 replies
For anyone that hasn't used Doorvest, it's a simple website where you put a $1000 deposit and they send you curated list of houses they buy that need renovation, renovate, and then tell you a final purchase price along with guaranteeing things such as first year rent will be 100% covered by them even if they don't find tenants.
William Collins Success update and advice sought
5 October 2024 | 9 replies
Personally, I have a stable long term W2 job which can cover my family’s expenses.
Lea Ramirez How to Get a Loan for a House to Rent Out Rooms When Unemployed with $90k Saved?
7 October 2024 | 3 replies
The plan is to live in part of the home and rent out the other rooms to cover the mortgage and generate some income. 
Kristi Miller Has anyone started a STR cleaning company (or PM company)?
8 October 2024 | 14 replies
I've hired cleaners in house & covered for some local owners for a couple of months while they were out of town, and it's not very straightforward. 
Nicole S. Avoid Northpoint Property management in Ohio!
6 October 2024 | 15 replies
They were charging another homes repairs to my home and wasn’t caught until I threatened legal action.I reached out to the new person who was managing my property to inquire about a lease renewal for my tenants and make it clear I needed to increase the rent to cover expense increases on the house.
Jonathan Greene Is BPCON2024 still on? Cancun looked like it got hit pretty hard.
6 October 2024 | 14 replies
I got caught in the storm last night but it looks like just off and on rain - should be OK most of the time and plenty of cover at the resort when the rain hits
Gagandeep Singh Is there any market that still meets the 1% rule?
8 October 2024 | 36 replies
I would rather own 6 to 10 high quality appreciating properties than 20 to 30 lower priced rentals (e.g. replacing all those roofs, HVAC, all the tenants, turnover and property management fees).
Daniel Afonso Starting Capital for Real Estate Investment
3 October 2024 | 15 replies
If you are buying a house of any kind with mechanicals and roofs, you need reserves.