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10 February 2025 | 24 replies
I'm a divorced dad to four and I'm working two jobs and never around to see my youngest.
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30 December 2024 | 6 replies
Baselane has the added advantage of synching with your Schedule E you'll use at tax time to file your taxes.
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14 January 2025 | 11 replies
@Brittany MyrickIf I were getting started in real estate investing in New England, I’d focus on researching local market trends, especially job growth, rental demand, and the broader economic outlook.
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29 January 2025 | 22 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.
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12 February 2025 | 15 replies
It is our job to manage the risk at the inception of the project.Thanks for the info and comments.Alan.Good info.I don't mean for you to talk out of class, but Pace Morby says in one of his recent videos that he is doing "table top" closings (closing outside of escrow) "because he knows what he is doing".
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15 January 2025 | 11 replies
That can be tough when it's a one-off job or you only have one rental.
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2 January 2025 | 1 reply
Rental Property is located in Upstate NY in Oneida County.I have a tenant who is currently scheduled to have their lease end at the end of February; they will have only occupied the unit for a year at the end of their lease.I'm not looking to extend their lease and would like to have the unit vacant upon lease end.
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22 January 2025 | 31 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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164030/small_1735885623-avatar-palomaw.jpg?twic=v1/output=image&v=2)
14 January 2025 | 8 replies
If you do a good job picking tenants, you will be fine.