Kay Kim
What’s your experience with Wagner Nolasco B2RDirect
2 February 2025 | 178 replies
The December update stated they are now shooting for April 2023 delivery and I have ZERO confidence in this.
Marc Shin
Necessary to include photos of the exterior of the property?
20 December 2024 | 12 replies
Or can I get away with zero exterior photos?
Chris Kelly
Tenant smoking weed but can't prove it
25 December 2024 | 28 replies
I’m very sent several notices to all the tenants in that building regarding the no smoking policy.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Vaughn J Smith
Single family home (former rental) for sale in slow market
20 December 2024 | 10 replies
You have already seen the downside of a historically zero appreciation market (zero appreciation I define as historically below the rate of inflation).
Scott Trench
New Policy Idea: BiggerPockets to Send Wholesalers a $125 Bill For Every Solicitation
8 December 2024 | 14 replies
We are considering a new policy at BiggerPockets and request feedback.Idea: Update our website policy such that "Wholesalers" who break forum rules, solicit members, or submit requests to meet agents using our agent finder will be sent a $125 bill for each infraction.
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
The reality is we'll likely face the hardships of a (significant) decrease in spending and overall policy will be prohibitive at first.Feel like things will go 2 step backwards, 1 step forward.
Jessica Kiely
New rental - attracting a qualified tenant
30 December 2024 | 8 replies
Whether or not your household currently has pets, I am going to share our pet policy.
Chad Olsen
1035 Exchange for Permanent Insurance
16 December 2024 | 4 replies
I have a Indexed Universal Life policy that is 7 years old.
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
Maybe it exists but aside for rookies I know who have zero knowledge as to what they are speaking on, I have never heard anyone assume most flips are winning these days.