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Results (10,000+)
Jeff Sullivan Dothan Alabama New Investor
20 October 2024 | 35 replies
C-Dell J, message me with your info. 
Lena Harris Ice Maker Maintenance/Replacement
20 October 2024 | 17 replies
Quote from @Allan C.: @Kristi K.
Oli C. MTR out of state as a first deal?
17 October 2024 | 20 replies
Quote from @Oli C.: Hey BP friends,I was wondering if anyone has experience with MTR out of state?
Joseph Baena New to investing
17 October 2024 | 8 replies
Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F
Stuart Udis Are Wholesalers Really Your Golden Ticket To Succes??
17 October 2024 | 20 replies
B, C mostly,( Nothing in my market starts with an A) MH. 
Ross Kane LLC piercing corporate veil
21 October 2024 | 13 replies
--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Nadia Muga Tenant Criteria For Leasing a House
18 October 2024 | 7 replies
All an agent should do for you is list the property to generate showings => to generate applications, that YOU then screen.Now, they may actually be asking you want screening criteria you want them to advertise, which is fine.Can't answer your question though, without knowing if this is a Class A, B, C or D property - as they will all have different criteria.Here's a sample of some of what we use in our Metro Detroit market:Class A Properties: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: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:Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Brandon Hansen New here looking to invest
17 October 2024 | 6 replies
Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F