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6 January 2025 | 14 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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27 December 2024 | 3 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
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27 December 2024 | 4 replies
Hope someone expert in Real Estate can guide me1)Who act like qualified intermediary?
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24 December 2024 | 2 replies
Be an area expert on contracts, zoning, value add components, contractors, and so much more.
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31 January 2025 | 121 replies
I'm currently looking for a CPA and tax expert to help me get started with my first rental property.
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9 January 2025 | 21 replies
To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.
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30 December 2024 | 16 replies
In fact, many, though not all, of these “experts” are washed up and no longer active in the market.
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1 January 2025 | 14 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2567409/small_1692752432-avatar-julieta5.jpg?twic=v1/output=image&v=2)
27 December 2024 | 15 replies
He's one of the most efficient, effective & solution-oriented experts I've ever worked with.
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26 December 2024 | 10 replies
I am definitely not an expert on international investing as a whole though so I agree that it is a great idea to get in touch with someone who has more experience with it!