Jason Weidmann
Looking to start investing in LTR,
31 January 2025 | 11 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.
Deborah Burian
Banned for Spamming Today
16 January 2025 | 16 replies
Ok, I wasn't spamming (I don't even sell anything I could spam) but I was pasting a "hi" message to new members THE SITE RECOMMENDED TO ME.
Brandon Toron
How to get the most cash out of my property?
13 January 2025 | 13 replies
Hey @Brandon Toron,Given your plan to turn the property into a short-term rental (STR), you have a few creative ways to push closer to that 90% cash-out goal, even if traditional lenders shy away from it:1.
Bruce B. Lee
Hello, BiggerPockets! House Hacking Help Needed!
20 January 2025 | 2 replies
And this is your best chance of house hacking while covering most of your living expense or maybe even cashflow if you buy in the right area.Hope this helps!
Jermaine Washington
Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
If there are items of value left behind, or even personal items of sentimental value, I will follow the abandonment rules to a "T" to avoid any legal issues.
Daniel Liu
How to list rental property to prevent the Price Gouging in California
30 January 2025 | 5 replies
Since Landlords are going to be monitored even more now with the price gouging issues surrounding the fires in LA, I would be extra cautious.
Joshua Nichols
Funding Flipping for the First Time
30 January 2025 | 5 replies
Even more than credit, the more experience and capital you have, the more aggressive a lender is going to be.
Victor N.
Tenant Refusing To Turn on Heat In Winter In Order To Save
18 January 2025 | 36 replies
<g> If she is very determined not to have the central heat on she can turn off the service switch at the unit or even turn off the circuit breaker to it.
Edward Wylie
Election Impact on REI
16 January 2025 | 1 reply
If the new administration actually enacts their policy stances on tariffs, immigration, trying to ignite the economy even more....all of those things add up to higher inflation.