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22 February 2025 | 7 replies
Identify a market and type of REI I want to invest in.
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25 February 2025 | 3 replies
Quote from @Felicia Nitu: Quote from @Jay Hinrichs: hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.Hi Jay, the affordable housing requirement can definitely be a dealbreaker for some projects.
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21 February 2025 | 5 replies
Could anyone share advice or insights on the market here?
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26 January 2025 | 4 replies
Has anyone had success with Rat poison and if so which one?
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25 February 2025 | 5 replies
Quote from @Mark Jaskowski: Hello BiggerPockets, I recently got the opportunity to purchase an off market property in Las Vegas about 15 minutes west of the strip.
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25 February 2025 | 3 replies
To keep her expenses down.My plan is to rent the duplex out agian with new tenants and cash flow for about a year or two until I see the market become a seller market.
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19 February 2025 | 14 replies
I'm not sure what market you are in but I'm knowledgeable on Columbus Ohio if you ever want to talk about build to rent. it's not purchasing new builds at full market price, it's building it 25% below market yourself
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25 February 2025 | 3 replies
Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.
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19 February 2025 | 5 replies
Property managers and agents can be really helpful as well as they’ll give you insight into the market and could have some opportunities for you down the road.In the meantime, try researching the areas you're interested in.
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24 February 2025 | 0 replies
This is because the assessment limits reset to the new, current market value only upon purchase, making it less advantageous for homeowners to move.