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14 January 2025 | 28 replies
Collecting rent statements, expense receipts, mortgage interest docs, and more—can sometimes feel like a full-time job in the weeks leading up to tax day.
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15 January 2025 | 11 replies
That can be tough when it's a one-off job or you only have one rental.
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11 January 2025 | 18 replies
Has good job at a local factory & recently started school to become a welder.
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21 January 2025 | 18 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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14 January 2025 | 8 replies
If you do a good job picking tenants, you will be fine.
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31 January 2025 | 42 replies
Here's the job description: https://apply.workable.com/biggerpockets/j/C94D6062EE/.
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10 January 2025 | 4 replies
My gut feeling and research is telling me the sellers did a poor job on the breaker panel and wiring.
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7 January 2025 | 5 replies
In neighborhoods that won't attract high credit score tenants, I've found that a stable job history with a MINIMUM of 1 year at current or previous job to be the best indicator of a great tenant.
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10 January 2025 | 11 replies
I have seen these circumstances; people die, go out and buy a car, lose their job, etc… Just my own two cents, I’m not an attorney, just play one on TV
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14 January 2025 | 7 replies
There is strong rental demand because of growing population, job market, and the booming tech scene.