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14 January 2025 | 4 replies
Employment Growth Outpacing Housing SupplyBuffalo leads the nation in the ratio of new jobs to new homes permitted.
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21 January 2025 | 10 replies
Once you narrow it down, start with small jobs to test their reliability and quality before giving them bigger projects.Building a solid network takes time, but having dependable people on call is a lifesaver for your rentals.
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21 January 2025 | 8 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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26 January 2025 | 15 replies
I work 2 jobs. 1 to live off, and the other for down payments.
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20 January 2025 | 12 replies
I have a W-2 Job, capital saved up for a down payment (or two), and a buy box based on my affordability.
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15 January 2025 | 7 replies
I got started with BP as well and quit my job in 2024.
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22 January 2025 | 9 replies
I invested in Jacksonville, FL, because my old job would fly me there multiple times yearly.
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22 January 2025 | 203 replies
And service sector jobs and wages follow where those top-line incomes go.
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22 January 2025 | 9 replies
So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.
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30 January 2025 | 47 replies
His whole selling point is teaching people how to generate enough passive income to quit their jobs.