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13 January 2025 | 5 replies
We have been working in the affordable housing space for some time, and this allowed us to partner with the local community and provide a housing solution they need as their city continues to expand with new jobs they are successfully bringing to town.
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29 January 2025 | 10 replies
I have heard vented units don't dry as effectively but haven't heard any complaints from my tenants and believe the technology continues to improve.
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9 January 2025 | 2 replies
During this time, I've successfully closed over 100 transactions, and I'm passionate about connecting with fellow real estate enthusiasts and experts.
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25 January 2025 | 12 replies
So, he already had people & processes in place when he moved back to California and continued to DIY manage his rentals.- It's also interesting that he doesn't want to DIY manage anymore.
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27 January 2025 | 0 replies
But the South continues to dominate in overall volume, with 423,000 new-home sales on a seasonally adjusted annual basis.
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15 January 2025 | 18 replies
Explore Local Market Trends: Is Bend’s market likely to continue appreciating, or is it plateauing?
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31 January 2025 | 44 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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13 January 2025 | 1 reply
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
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28 January 2025 | 6 replies
In Tulsa, consider Midtown or Broken Arrow.Network Locally: Connect with wholesalers, agents, and property managers in Oklahoma for insights and off-market deals.Learn Continuously: Listen to podcasts (like the BiggerPockets podcast) and ask questions here—you’re in the right place!
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19 January 2025 | 4 replies
Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify.