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Results (10,000+)
Shiloh Lundahl Loan hacks to make qualifying for loans easier
9 February 2025 | 2 replies
If the loan officer asks for just personal debts, then don't disclose any business debts including debts on real estate that if that debt was qualified for by the business.2.
Mike Hansen Tax assessment appeal
2 February 2025 | 3 replies
Do this quickly because some counties have a time limit on when you can appeal.I recommend you research the market for:- Comparable Property Sales- Condition of your property, including anything that may affect your property's value- If you are really serious, an expert appraisal may be worth the effort.
Douglas Varenas Property Management Recommendations
12 February 2025 | 5 replies
Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
David Lewis First Timer - Long Distance Investment?
15 February 2025 | 10 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.
Alex Saidenstat New member introduction
18 February 2025 | 8 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.
Levi Perl Tenant wants LL pay for high electric bill due to high cost electric furnace
24 February 2025 | 17 replies
If you have a “bad” tenant get rid of them as soon as possible, including paying them to leave.  
Mordecai Ese Should I Withdraw $60K From My Roth 401(k) to Expand My Real Estate Portfolio?
24 February 2025 | 5 replies
I did with with mine and pay myself back interest included but I don't if that's an option your plans offers.
Todd Knudson Tax question on a direct ira rollover
31 January 2025 | 9 replies
Work with a qualified tax advisor on filing all of this including filing the 990T return for the IRA.
Noah Bacon BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
If we upgrade to PB Pro, does that include a Stessa Pro membership? 
Stan Mendoza Looking to learn about purchasing 1st property
12 February 2025 | 8 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.