Polat Caglayan
invest in detroit
8 January 2025 | 5 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.
Saar Dau
Research on DFW TX
5 January 2025 | 1 reply
For the most part vs focusing on a specific neighborhood or two I would say keep you options open to all.
Anna Nickens
Advice for a Newbie
23 January 2025 | 5 replies
You can also find real estate investing groups through meetup.com, Facebook, or a Google search.
Guillermo Perez
Rate my first BRRRR
8 January 2025 | 22 replies
I think part of it is the neighborhood.
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
Working to figure out which route has the best conversion rates when targeting specific neighborhoods.
Andy Moffit
Voracious learner looking to build a winning team
26 January 2025 | 2 replies
I admit having some trouble searching for team members in the forum so hopefully BP guidelines will allow user referrals or intros.
Emira K.
Best area to buy rehab property in Philadelphia?
17 January 2025 | 7 replies
I found this one on realtor.com by doing a search that only showed me properties with asking prices no higher than $150k
Sharon Porter
How to purchase a property that the state take over?
25 January 2025 | 3 replies
Some investors thrive in these situations, while others prefer clearer paths to ROI.Before proceeding, consult with a real estate attorney and conduct a title search to uncover any surprises.
David Shaun
Hit $200K in Cash Flow in 2024
16 January 2025 | 38 replies
A few things that newer investors should note:- it took 13 years to get there, you have to be patient- rents are high at about $1,750, so probably a quality neighborhood- looks like that is after vacancies, probably low turnover?
Beau Wollens
First time fix and flip opportunity in Stamford Connecticut - Total Gut Renovation
13 January 2025 | 11 replies
I have the option to buy a 1,300-sqft 3-bed, 1.5-bath house in South End neighborhood of Stamford, CT, from a family member before it goes on the market.