Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 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.
Ilina Shrestha
First time investor- lost & confused
17 January 2025 | 5 replies
Yes, Oklahoma is a great market to consider, especially for multifamily properties:Affordability: Oklahoma City (OKC) and Tulsa have duplexes and small apartment buildings within a reasonable price range.Landlord-Friendly Laws: Makes property management less stressful.Stable Cash Flow: Properties in Oklahoma often meet or exceed the 1% rule, providing consistent rental income.Growing Economy: Both cities are seeing population and job growth, boosting demand for rentals.Tips for Getting Started:Do Your Homework: Use tools like BiggerPockets calculators to analyze deals and ensure cash flow.Focus on Neighborhoods: In OKC, check areas like Yukon, Edmond, or Midwest City.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 replies
We live in California at the moment and I have W2 job and my wife a small online business.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
Collecting rent statements, expense receipts, mortgage interest docs, and more—can sometimes feel like a full-time job in the weeks leading up to tax day.
Kenny Bao
Advice on Off-Market Apartment Strategies
19 January 2025 | 7 replies
Their job is to keep investor capital allocated and returning, so there's only a deal if they can actually redeploy the capital into something better.As a buyer, you need to establish a lot of credibility for a deal this size.
Vinay M.
What's it been like investing in Columbus? Where should I invest?
19 January 2025 | 10 replies
The big pros are the strong job market (lots of major employers), good population growth, and still-reasonable entry prices.
Salvador Diaz
Top 6 tips for house hacking
10 January 2025 | 6 replies
That is the issue I am having now as my wife and I have great paying jobs and just cleared all our debt.
Sean Dunbar
Looking for advice to invest 965k of equity
16 January 2025 | 4 replies
Are you wanting to replace your job and do REI fulltime or just part time investing, or?
Brandon Simpson
Should I stay away from properties that have been on the MLS for a long time?
5 January 2025 | 8 replies
It seems that to be on Section 8 you need to look for a job on a regular basis.
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
They’re buying themselves a job.