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8 January 2025 | 5 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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20 January 2025 | 62 replies
She did an amazing job getting me the rental property financing I needed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2173843/small_1683394607-avatar-davea114.jpg?twic=v1/output=image&v=2)
15 January 2025 | 24 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/2540254/small_1736557268-avatar-blakew149.jpg?twic=v1/output=image&v=2)
15 January 2025 | 12 replies
Tampa, Riverview, and Wesley Chapel are booming for BRRRR and long-term rentals due to job growth and population demand, while St.
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7 January 2025 | 5 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/3165461/small_1736143510-avatar-owenr40.jpg?twic=v1/output=image&v=2)
6 January 2025 | 2 replies
I was specifically interested in his 2nd plan which was "Building wealth through single-family homes" where he basically says you save enough to buy your first property along with enough for other fees and then you just keep saving the money you make from that property along with some money you save from your job and once you have enough money you buy your next property and then you basically just keep repeating that until you have your desired amount of properties.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2914934/small_1719868541-avatar-levic53.jpg?twic=v1/output=image&v=2)
6 January 2025 | 7 replies
Strong job growth, low unemployment rate, and strong population growth.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3015989/small_1715069105-avatar-danielc1408.jpg?twic=v1/output=image&v=2)
4 January 2025 | 11 replies
I'm not sure if we can like to articles on our own websites here, so to be safe I'll just suggest the IRS web page, which does do a pretty good job of explaining the basics: https://www.irs.gov/taxtopics/tc510The main thing to know if you're going to claim business miles is that you do need to keep a log of every business trip.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/668692/small_1686663417-avatar-michaelf192.jpg?twic=v1/output=image&v=2)
7 February 2025 | 21 replies
As others have noted, it's not perfect (no software solution will be), but It does get the job done.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3159127/small_1734634672-avatar-mattinh.jpg?twic=v1/output=image&v=2)
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.