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8 January 2025 | 5 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2060386/small_1672720352-avatar-jonathana322.jpg?twic=v1/output=image&v=2)
25 January 2025 | 155 replies
It’s as if pointing out any negatives about the guru, or his system, is a personal attack on themselves.
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9 January 2025 | 14 replies
Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in 5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.Here are the negative consequences, in regard to real estate, of filing bankruptcy1.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2990947/small_1712516594-avatar-robertz95.jpg?twic=v1/output=image&v=2)
21 January 2025 | 10 replies
Just remember: most negative reviews are written by problematic tenants.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3144400/small_1731276771-avatar-ezraa10.jpg?twic=v1/output=image&v=2)
7 January 2025 | 5 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3159127/small_1734634672-avatar-mattinh.jpg?twic=v1/output=image&v=2)
9 January 2025 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3123922/small_1737765959-avatar-alyssad48.jpg?twic=v1/output=image&v=2)
16 January 2025 | 78 replies
My net rental income was $300 to $500 a month, not enough to cover the mortgage payment (PITI) so I'm negative on what was supposed to cash flow on paper.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2811051/small_1693934987-avatar-johannv4.jpg?twic=v1/output=image&v=2)
10 February 2025 | 31 replies
The concept is just the same.But seriously you don't need AI to do flips lol, this is not the right segment (to find flips) with AI.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3145532/small_1731534777-avatar-kylert5.jpg?twic=v1/output=image&v=2)
27 January 2025 | 18 replies
Knob and tube has more negatives than most people think, As a GC doing lots of remodels in a old beach town, we replaced a ton of these.
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5 February 2025 | 69 replies
I like new construction but all this negative feedback about Delta is a turnoff.