Robin Cloud
Three Applications...who to choose??
27 December 2024 | 13 replies
The credit score for all of them are decent.
Kyle Carter
How to build a out of state team
7 January 2025 | 8 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Kenneth T.
Had anyone heard of Cogo Capital?
27 January 2025 | 29 replies
No reason stated I had great credit score cash on hand excellent properties.
Nitesh Chand
Can I sell my house with tenants
4 January 2025 | 12 replies
So far mostly people are telling me I'm probably stuck until their lease is over. meanwhile I also need to pay down my debt and improve credit score.
Jeff Ryan
Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 replies
In our opinion, Class C tenants have FICO scores from 550 to 600 - where their chance of default/nonpayment is 15-22%.
Jacklyn Robins
Trouble renting units in Cincinnati
21 January 2025 | 27 replies
What minimum credit score?
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
I signed up for the paid version of Stessa through biggerpockets only to encounter flaws in their software, connection issues that have been ongoing for 10+ months, and basic feature missing that leave me dumbfounded.
Xavien Rafael
How to Build Business Credit Without Impacting Your Personal Score
13 December 2024 | 2 replies
Many lenders and vendors rely on D&B scores to evaluate creditworthiness.2.
Jared Fisher
Zillow Rental Manager Background Screening Results
27 December 2024 | 4 replies
Take a look at the overall picture, i.e. credit score, debts etc.. to make a decision.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.