Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Ezra Avery Hello & Thank You
7 January 2025 | 5 replies
@Ezra Avery you might want to read below to understand Classes of Property/Tenants.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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 property in Class D area to Class A standards, what quality of tenant will you get?
Daron Payne Anuobe have experience with Walter Wofford
8 January 2025 | 5 replies
He has an online network called Financial Friends Network.
Rene Hosman How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
I'm wondering what tools and resources you all use as rental owners and investors to get or keep your financial ducks in a row?
Owen Reeter College Student Beginner
6 January 2025 | 3 replies
Prioritize your financial stability.
Robert Quiroz Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase. 
Zach Howard New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 replies
@Zach Howard some copy & paste advice below:)-------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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 property in Class D area to Class A standards, what quality of tenant will you get?
Thomas Malone Anyone experienced with Lee Arnold's system
23 January 2025 | 56 replies
In the past year we've been through the ringer financially due to bad contractors, deal promises, and generally just being new to the game.
Henry Clark Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
Life is financially good even without doingSelf Storage.
MIchael McCUe Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
May affect your ability to work in the financial field, or in any managerial position of a company that’s raising venture capital8.
Blake Winiecki New Investor in Southwest Florida
15 January 2025 | 12 replies
As you delve deeper into the world of real estate, staying informed and adaptable will be key to achieving your financial goals.