1 January 2025 | 24 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/2605740/small_1734890235-avatar-zacharyk137.jpg?twic=v1/output=image&v=2)
24 December 2024 | 5 replies
Most S8 tenants have a history of bad decisions, often having convictions, evictions, bankruptcies, chargeoffs, collections, garnishments, etc.
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19 December 2024 | 37 replies
It will be info i need moving forward with my collections people for him.
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30 December 2024 | 14 replies
I don't even think its worth a sub-toSounds like you spoke to collections (who will tell you anything to get money) and not loss mitigation, as paying back due balances are NEVER part of a short sale.
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12 January 2025 | 185 replies
Doesn't the bank make more money by collecting 7.5% interest instead of 1.88% though?
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4 January 2025 | 35 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/3138587/small_1733867539-avatar-marshallr32.jpg?twic=v1/output=image&v=2)
20 December 2024 | 3 replies
I come to you hat-in-hand, looking for the collective expertise I've come to enjoy here.
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26 December 2024 | 13 replies
A project manager is responsible for overseeing your remodeling project, while a property manager handles the overall management of the property, including maintenance, rent collection, and more.
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24 December 2024 | 5 replies
Myself I think if one wants to get into real estate in CA you get into the bizz you get licensed so you can legally collect fee's you put in the hard work like most wholesalers have to now..
23 December 2024 | 9 replies
What makes 100% total sense to tenant does not always compute with what you need to be successful as an owner....and #1 in that field is collecting rent.