Venecia Baez
Want to buy first property and I watch a lot of videos, but lack action: How to start
1 January 2025 | 24 replies
It's crucial to choose a market with steady job growth, low vacancy rates, and tenant demand.
Jonathan Greene
If You Are Asking These Questions About Your STR, You Are Already Failing
4 January 2025 | 26 replies
In my day job I’m an ops professional who manages a tech stack and efficiency is important.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
But if your goal is to leave your day job soon, multi family will offer more cash flow typically.
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 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.
Kevin McGinnis
Eviction in Madison County Illinois
26 December 2024 | 2 replies
Property is in Granite City, tenant lost his job, and has stopped responding to texts and emails.
Zach Howard
Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
well thats part of the job checking out your collateral.. :)
Joel Oh
One platform strategy
2 January 2025 | 30 replies
If you really have gone from 3 to 200 properties this past year while having a two W2 jobs, you seem to have found your niche and doing well, good for you.
Shawn Tuma
MF House Hack w/ VA Loan
19 December 2024 | 10 replies
Consider starting with a smaller, more affordable multifamily to keep your mortgage low and cash flow positive—even if it’s not your dream property.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
Also, magistrates don't even have to be lawyers to get the job!
Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
It saddens me to see millions of people strapped to their jobs, trying to protect their holy grail 401K, until they are 60, and then start taking their "distributions", having a couple of decades left to live.