
11 March 2024 | 13 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.

11 March 2024 | 152 replies
I exited last year with i/o seller financing.

11 March 2024 | 19 replies
The location is growing and its the safest city in that entire county. home-ownership rate is very high like 85% most of the homes were built in the last 24-36 months.

11 March 2024 | 5 replies
Last but most importantly, I would love to start building a team and connect with Realtors, Property manages and investors, appreciate recommendations!

11 March 2024 | 9 replies
So, I got 9 new investors into their first ever loan last year and the two caveats I have are credit and capital.

11 March 2024 | 12 replies
My mortgage payments on the duplex increased dramatically over the last year as well, and currently it is appraised at 720K with 4,100/mo rent.

8 March 2024 | 3 replies
Hello BiggerPockets community,I'm having some confusion with standard practice for 'First, last, deposit' collection in the scenario that the first month will be prorated.Say for instance: My property has a rent of $1000 monthly with a deposit of one month's rent ($1000), and a targeted lease start of the 15th.Given that rent will be due on the first of every month, what is the amount which should be collected for the initial 'First, last, deposit'?

11 March 2024 | 19 replies
cant quite recall Engelo I do remember though last time in checked in a few years ago the US category did not really have much of any action compared to when I used to post on it..

11 March 2024 | 36 replies
My condo in Marco Island is doing very well but prices have gone up significantly the last two years so I'm not sure how people make the economics work purchasing now.

11 March 2024 | 11 replies
My last resort is to borrow from myself.