28 June 2024 | 10 replies
@Irving Rivera I just DMed you an investor in Garfield Park and his story if you want me to connect you.
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28 June 2024 | 7 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..
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27 June 2024 | 2 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.
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25 June 2024 | 9 replies
99 bucks a month, is this legit? Anyone use them before?Any better alternatives?
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29 June 2024 | 11 replies
Take the homerun stories with a grain of salt, but I have found incremental success in my investing career, and I credit the little success to being consistent on the process of underwriting, making connections, and being a landlord.
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29 June 2024 | 8 replies
any connections in Miami?
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29 June 2024 | 13 replies
@Herminia Ojeda I second trying to choose a market you have a connection to.
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27 June 2024 | 8 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
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26 June 2024 | 10 replies
: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+, 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, 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.