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12 January 2025 | 13 replies
However, a multifamily purchase could work quite nicely.
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20 January 2025 | 19 replies
Our job is to provide you assistance.
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17 January 2025 | 6 replies
However, I think some upcoming life changes may be the right opportunity for me to dip my toes in the water in real estate investing.I live in Pflugerville, TX (25 minutes from downtown Austin) and will soon be moving to Portland, OR, for my dream job.
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9 January 2025 | 10 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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18 January 2025 | 3 replies
Large deposits are nice, but very difficult to actually get access to escrow funds in the event of default.
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22 January 2025 | 2 replies
Brokers look out for their clients, insurance agents look out for their job.
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25 January 2025 | 6 replies
The right agent will have worked with Canadians before, will have lenders set up that can work with Canadians and will have a seamless process for management.Not only can an agent set you up with a GC, property manager, lawyer, insurance broker, inspector and everything else you need, they can analyze deals and put numbers in front of you.Your job as an investor is to vet the vendors they are providing and double check their analysis.
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10 February 2025 | 9 replies
Not necessarily i could do the 20% down for the right place, but less than 20% would be nice, I’ve been saving for this situation.
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31 January 2025 | 7 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/2403753/small_1646611870-avatar-propertym29.jpg?twic=v1/output=image&v=2)
20 January 2025 | 4 replies
Could be the tenant is not using the service, doing something to attract roaches or the exterminator isn't doing their job.