Katie Southard
Do I sell my rental property and take the cash tax free?
28 January 2025 | 1 reply
Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift.
Ben Hedvat
Townhouse fix & flip Harlem investment
16 January 2025 | 0 replies
Investment Info:Townhouse fix & flip investment. 217 W 131st St, New York, NY 10027, is a historic townhouse located in the vibrant Harlem neighborhood of Manhattan.
Steven Radolinski
Insights into the Albuquerque Real Estate Market: Opportunities and Considerations
12 January 2025 | 8 replies
OpportunitiesAffordability: Compared to many West Coast markets, Albuquerque properties often come at a more affordable price point, making it possible for investors to get started without a massive initial capital.Rental Demand: Due to the presence of UNM and other educational institutions, there's a consistent demand for rental properties, especially those close to campuses.Cultural Appeal: With its rich Native American and Hispanic heritage, Albuquerque offers cultural festivals, markets, and historical sites.
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
It offers high accuracy with 80-90%+ correct contact data, which is crucial for reaching homeowners.
Mark Simpson
Interesting use case for ChatGPT Operator:
29 January 2025 | 6 replies
But I love your point- which is AI makes so much competitive data more easily accessible and- actionable.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
At the moment, our data is only available for Philadelphia.
Collin Hays
I fired dynamic pricing today
28 January 2025 | 14 replies
It is only about numbers and data, and that's not a good thing.
Rob Tara
40+ unit deal. Need help w/ financial analysis
28 January 2025 | 6 replies
Try AI resources like Chatgpt and Gemeni, you will have to feed your data and assumptions and they will both do wonders.
Benjamin Ying
First time investor needing some confidence!
30 January 2025 | 28 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.
Todd M.
Inheriting tenants and no move-in inspection
26 January 2025 | 5 replies
Provides first-hand recommendations of the renters historical renting behavior.