Nate Pharmer-Eden
New to Forums & Biggerpockets!
14 December 2024 | 3 replies
I started my investment journey when I took on a w-2 role working between property management, and tenant relations as a Community Coordinator for a 254-unit apartment community.
Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
Still, not changing over the utilities in the winter is stupid but the PM should have checked the unit to make sure everything was set properly - heat down but not off, lights off, etc.
Adam Ross
Property manager recommendations
24 December 2024 | 3 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
I have broken down 4 key benefits to a retirement account: 1) Compounding interest in the absence of taxation (particularly with a Roth IRA) 2) Ability to self-direct into alternative assets, like real estate, private real estate partnerships/syndications, crypto, gold & silver and other alternative investments. 3) Credit protection (see state specific laws), but generally inherent protections. 4) Upon death, if setup properly, probate avoidance
Zach Howard
Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
In order for money to go to work it needs to be invested properly.
Mitch Davidson
New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
The ban in Asheville proper started in 2016 though, and we don't seem to have more affordable housing as a result.
Anirudh Reddy
Who can claim interest paid on a seller finance property?
28 January 2025 | 15 replies
If the Warranty Deed has been properly recorded, the court deems that, as "constructive notice".
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 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.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
Once you are familiar properly evaluating a deal and identifying most of the potential obstacles, it becomes fairly straightforward and your profit margins go up considerably.
James R.
I really dislike Airbnb. Anyone else?
26 January 2025 | 21 replies
Sometimes, you need to be very specific and provide all the details to help them properly investigate.