Gene Kim
Looking for flip opportunities in NJ
7 January 2025 | 4 replies
I have a tax firm that specializes in working with real estate professionals/investors.
Account Closed
Will a seller financed deal show up on buyers credit or considered on debt to income?
14 January 2025 | 7 replies
Now a-lot of times you buy a home from someone with seller financing and they hold the note for 6 months to season it and then sell the note to another investor or a firm and then it will most likely show up on your credit because these are more sophisticated investors.In regards to the benefits of owner financing you won't have to pay closing costs to a bank.
Shea Gajewski
Young Investor Seeking Advice
1 February 2025 | 4 replies
The BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) could also be a great strategy to recycle your capital.To find deals, try direct mail campaigns targeting absentee owners or distressed properties, or go driving for dollars in neighborhoods with strong rental potential.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Which neighborhoods should I not touch and which ones are ripe for the picking?
Franklin Perez
Beginner REAL STATE enthusiastic
31 January 2025 | 8 replies
You'll quickly learn how to manage investments well, which property types and neighborhoods work best, and more.
Jerry Nogueras
NYC Residents- Which areas outside NYC have you seen the most success for rentals?
27 January 2025 | 6 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.
Andrae S Wiggins
New Investor looking to purchase their first property
28 January 2025 | 6 replies
Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!
Danielle B.
Out-of-State - Ohio Section 8 Housing
29 January 2025 | 22 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.
Polat Caglayan
C class or not how can ı understand
11 January 2025 | 2 replies
They are often located in desirable neighborhoods and are close to good schools.
Bryce Jamison
Do you buy older homes for long term rentals?
20 January 2025 | 32 replies
I personally like to buy in towns/neighborhoods in which no new builds are possible within 10 miles because all the land is developed.