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Results (10,000+)
Amber Moelter Househacking in high property tax areas, your thoughts?
20 February 2025 | 10 replies
We've been going to duplex open houses in Cleveland & Akron and a few showings with our agent who has more experience in the Akron area, to learn about neighborhoods, price, quality, etc.
Christopher Stevens REI Nation Property #4 - 7320 Marrs, TX - Thanks REI Nation!
7 February 2025 | 17 replies
That's the other challenge that i've learned, with only one month as SD, if the tenant leaves even in a relatively new build the fees add up. 
Chase Alexander Excited To Connect & Build Partnerships!
9 February 2025 | 3 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.
Chris Magistrado Built an AI Deal Analysis Tool for Fun
22 February 2025 | 7 replies
It can even learn from past deals to help refine the analysis over time.I built this mostly to better understand the components of a good deal.
Anthony Poulin Starting a Long Term REI Business Starts Today! Lets go!!
21 February 2025 | 9 replies
This is the BEST $100 you will ever spend, and if you listen to Amanda Han's tax book, you'll know it's also likely a business expense for you to write off :) https://biggerpockets.supercast.com/My perfect way to learn from the BP books is to listen to the audio book through the subscription above, then books that really stand out to me I go old school and get the physical copy so that I can re-read it, take notes in the margins, and put post it notes so key points are easier for me to re-reference in the future.
Paul LaValley Realtor! Investor! Talker!
11 February 2025 | 5 replies
I'll shoot you a PM, would love to learn more about what you're looking to do here and discuss how we can make it happen.
Gene D Stephens Looking for Advice on Investment/DSCR loans
29 January 2025 | 11 replies
Typically they would require your numbers up front, rehab with a schedule of "draws".
Mikey Ben-Chetrit Out of Country Investing
10 February 2025 | 4 replies
Everything I am learning about mentions Local.
Ron Todd Advice for motel converted to long term rental?
17 February 2025 | 11 replies
I'll start with the largest learning curve. 
Paul Novak (Seeking Perspective) Shut Off 401K Investing
20 February 2025 | 11 replies
If anyone has any other tips and tricks or things they have learned through experience I would be happy to get your thoughts.