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Results (10,000+)
Mark G. Fix-N-Flip Success Rate
21 December 2024 | 1 reply
Based on my extensive research, the data suggests the following success and failure rates nationwide:Success Rate: 70-80% for experienced investors, 50-60% for beginners.Failure Rate: 20-30% overall, with 10-15% leading to significant losses.I’m eager to hear insights from any BP members who would like to share their thoughts.
Ashley Mierez Investor Insights Wanted: How to Present ROI and gain investor confidence?
24 December 2024 | 5 replies
YOu get on  a big team so you are fed leads with NO cost.
Jim Bryant What to Expect at Eviction Hearing
28 December 2024 | 16 replies
Stick to the facts which have lead to the eviction that you can prove (rent was not paid), don’t waste the courts time with any other drama.
Owen Maiden Good C Class Neighborhoods to invest in in Cleveland, OH
29 December 2024 | 30 replies
As @Patrick Drury mentioned- the West Side does not have any POS areas (besides Lakewood, but it's only needed for previously non-owner occupied/rental properties) Something else to consider in Cleveland proper is Lead Safe Testing ..
Breeya Johnson Strategies to Find Deals in Austin
19 December 2024 | 2 replies
Here are a few additional ideas that have worked for me and others in competitive markets like Austin:Off-Market Leads from Contractors: I had a friend who rehabbed a house in North Austin last year.
Christian Pichardo New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
I do not know him, but the path he is leading you is a difficult path    Note difficult does not imply impossible; there are people who are successful with S8 housing    In my area s8 is so undesirable that they write laws trying to make it challenging to not allow S8 tenants.  
Raghavendra Jakkani Income verification for a tenant
23 December 2024 | 9 replies
Even moving for work (not switching jobs) usually has a reasonable lead time.Yes, your other concerns are also valid.BTW, if I want to verify a bank statement, I ask them to bring it up on the app and show me.
Daniel Reed Strategies for Transitioning to Multifamily Properties with Positive Cash Flow?
25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
Federico Dallo Seeking Advice on Property Investment for Renting - Budget of 300K
26 December 2024 | 10 replies
@Federico Dallo you mentioning vacation-type locations leads me to guess that you may want to use the property yourself occassionlly?
Michael Wentzel Selling portfolios of properties... use agents or loopnet or another strategy?
13 December 2024 | 9 replies
Here are some other strategies:Investor Networks: Share through local REI groups or investor meetups in Colorado and Ohio.Direct Outreach: Use mailing lists or email campaigns targeting known investors or real estate firms.Social Media: Post in real estate forums or Facebook groups for investors.Websites for Property ListingsRoofstock: Specializes in selling single-family rental properties to investors, offering built-in tools for analysis.BiggerPockets Marketplace: A hub for active real estate investors, perfect for promoting rental properties.Auction.com: If you’re open to auctioning properties, this platform reaches a broad investor audience.RealtyMogul: Offers connections to individual and institutional investors, especially for multifamily properties.MyHouseDeals: Focused on connecting with investors looking for fix-and-flip or rental properties.Zillow Rental Manager: While more general, it can still attract landlords looking to expand portfolios.Mashvisor: A great platform to market properties with detailed cash flow and rental projections.PropertyShark: Targets real estate professionals and investors with access to detailed property data.These can help you reach a broader audience and possibly sell faster.