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28 March 2024 | 14 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.
30 March 2024 | 24 replies
At the last meeting they are still expecting 3 rate cuts this year.
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28 March 2024 | 10 replies
Until last week.I always thought a legal contract is a legal contract.
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27 March 2024 | 1 reply
My tax lady said it’ll be considered a loss and not to worry about it.
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28 March 2024 | 13 replies
You'll be seen as an experienced investor with your 5 exits (assuming they've been completed within the last 36 months).I'm in San Angelo, TX so about 4 hours away from Dallas.
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28 March 2024 | 6 replies
I am new to Bigger Pockets but have been an owner/investor for the last 20 years.
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28 March 2024 | 22 replies
I had to remind First Am 3 times I was selling with a Real Estate Contract only on my last transaction with them in 2022.
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28 March 2024 | 22 replies
Last I checked my lead photo was just the same.It seems bookings have starting picking back up for us at both our properties.
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29 March 2024 | 17 replies
I flipped 3 properties near Macon (closer to Warner Robins) last year and all made between $35k - $60k.