Michael Beirne
Section 8 BRRRR in Baltimore
22 January 2025 | 15 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.
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
You seem to have done a great job with this property so far.
Armani Pimentel
I'm a 16yo trying to learn wholesaling to start when I'm 18
27 January 2025 | 4 replies
Being able to look one of these sellers in the eye and tell them that you can, as a licensed agent, either list their property or attempt to assign the contract, assuming wholesaling is legal in your state, is a huge credibility booster.2) Get an entry-level job, hustle, save as much as possible and plan to house-hack when you turn 18-21.
Andrew Schaff
Hello BiggerPockets! New PRO here
14 January 2025 | 7 replies
There is strong rental demand because of growing population, job market, and the booming tech scene.
Karl Kauper
1031 Exchange Deadlines
24 January 2025 | 10 replies
I always tell clients to take care of the hard job first - If this is a sellers market then find your property and even get it under contract before you sell your old property.
Patricia Andriolo-Bull
Thoughts on Host Tools
24 January 2025 | 10 replies
I did a better job syncing using iCal directly.
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
I’m in the 33% tax bracket through my real job and this could be a big difference in taxes owed if we sold the property?
Dylan Jeluso
Real Estate In College
8 January 2025 | 5 replies
You should take a job for the education and not the money.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
I lived well below my means, worked a full time job for years while doing this on the side, persisted when others did not... and now I am enjoying the fruits of my labor.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
There is so much that goes in a business, rental rates, rental tax, inventory, job costing, payroll, business analytic reports etc, QiuickBooks does handle what I have mentioned here.