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15 October 2024 | 2 replies
I tried posting them in here but I cannot since it is not the classified section
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16 October 2024 | 5 replies
Not land trusts, not LLCs, not living trusts, not “divided” interests, and not quoting repealed section of the St Germain Act will work.
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15 October 2024 | 14 replies
I'm not saying to cut corners, just prioritize based on the list and go from there.
15 October 2024 | 8 replies
Hi BP community,We currently own several Section 8 rental homes in Chicago, Markham, and Country Club Hills, IL, all managed by the same property management company.
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14 October 2024 | 8 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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14 October 2024 | 7 replies
You should put this in the classifieds section.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1584987/small_1621513919-avatar-grahamh20.jpg?twic=v1/output=image&v=2)
16 October 2024 | 6 replies
The city's relatively lower entry costs compared to other East Coast cities make it appealing to investors especially section 8.
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15 October 2024 | 16 replies
A lot of options around the area with STR / MTR, traditional long-term rentals, or section 8.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3106625/small_1724509766-avatar-karinab32.jpg?twic=v1/output=image&v=2)
14 October 2024 | 5 replies
I don't want to be a needy, unreasonable client but I would like to work with someone who I feel like is in my corner and trying to help me move forward.
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14 October 2024 | 1 reply
Can I provide notice soon to not intend to renew a lease (no cause) of the section 8 tenant--this is a 12 month lease that ends 10/31/24.