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26 December 2024 | 15 replies
You’ll find tools to analyze deals, connect with other investors, and get advice on pretty much every aspect of real estate.
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23 January 2025 | 52 replies
One of the constants that I still see from when I first started on BP in early 2016 is the willingness of experienced ( some on this very thread ) folks in different aspects of real estate to try and help newbies and others with advice and perspective.I think it really is a testament to the fact that even though the investing environment has undergone many changes over those years the willingness to continue to help others has not changed.It helped me tremendously when I had to crash course on small MF ownership and I am grateful to all who helped with posts that they didn't even know that I had read and learned from.And yes the search function remains fairly useless and unchanged in that regard since then to the detriment of us all.
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23 December 2024 | 12 replies
But yes, your retirement benefits may be negatively affected when you play the S-corp game.
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.
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30 December 2024 | 5 replies
Tenant took photos and videos but nothing detailed - a single shot or two of a room from the entrance, so is saying fridge was fine, normal wear etc Next - If we are being nice and deducting ‘portions’ of the charges and tenant continues to grind away, or this goes to court, do the compromise and smaller amounts offered negate the full amounts that could have been charged
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21 December 2024 | 11 replies
Riverside is home to the Inland Empire Real Estate Investment Club/FireCenter that has a lot of great people involved in all aspects of real estate.Hope this helps!
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1 January 2025 | 12 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.
21 December 2024 | 6 replies
The negatives are what you will read in the articles.
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25 December 2024 | 2 replies
Will getting this second home loan right now, affect me negatively when I go apply for the construction loan in the next 1-6 months?
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26 December 2024 | 13 replies
Unless you can handle all aspects of the project yourself - I would hire a general contractor (GC) for the rehab project.