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Results (10,000+)
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.
Jorge Borges Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
Yes it costs money for the coaching, but the typical investor would take decades of trial and error of other investing techniques and would probably never arrive a systematic way of approaching investing for cashflow as is created with the income snowball. 
Henry Clark Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
He took the new development appreciation approach.  
Rennell Goudeau Eager wholesaling apprentice
16 January 2025 | 3 replies
Once you find someone willing to let you shadow them, approach it with professionalism and a willingness to learn.
James Colgan House Hack - Duplex
16 January 2025 | 3 replies
Let me know how it goes or if you want to brainstorm more on how to approach the seller.
Chris Mahoo Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
Kathy Creighton-Smith LoanBidz lending reviews
23 January 2025 | 15 replies
If this is your approach, you will end up eventually get a bad taste of the lending industry as a whole.
Lauren Merendino Pre retirement Strategy
1 February 2025 | 30 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.
Louis Hamilton HELOC Best Option - Rental Property
15 January 2025 | 6 replies
This approach might speed up access to funds without waiting for June.
Gerald Wallace Car Wash Business Analysis
10 January 2025 | 2 replies
Have you approached the current owner of the car washes to see how much they want in a sale?