Alex Messner
Purchasing first home (with debt)
8 January 2025 | 9 replies
Ultimately, balancing your student debt and financial goals will help guide the best decision.Good luck!
Polat Caglayan
focus on in detroit
9 January 2025 | 5 replies
These areas tend to provide the best balance of affordability and rental demand.That said, Detroit’s market is unique.
Bryan Perea
New to biggerpockets
4 January 2025 | 4 replies
Your risk vs. reward is way off balance there.
Mackaylee Beach
Happy 2025 !
2 January 2025 | 0 replies
By building strong connections and sharing knowledge, we can support each other's journeys and uncover new pathways to success.Moreover, let's not forget the importance of maintaining a healthy work-life balance.
Geoff McFarlane
Sell our home or rent it out?
5 January 2025 | 6 replies
The balance on their mortgage is $190k.
Guang Yang
new to house investing, looking for good market to start STRs
15 January 2025 | 6 replies
As I am keep doing my research, I feel like I need a balance between the market maturity V.S. the market saturation, and that's not easy.
Kyle Carter
Screening tenants effectively
7 January 2025 | 5 replies
Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!
Elaine Ericson
Promissory Note - how to secure or any ideas to help in this situation?
28 December 2024 | 7 replies
She is now in arrears 3 months and has agreed to deed the land back to me and take a Promissory Note for the balance 30K.
Vivien Martin
New member from the Chicago area!
7 January 2025 | 16 replies
A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal.
David Shaun
Hit $200K in Cash Flow in 2024
14 January 2025 | 36 replies
- very low remaining mortgage balance!!