Christopher Stevens
REI Nation Property #4 - 7320 Marrs, TX - Thanks REI Nation!
6 February 2025 | 13 replies
It's also nice that they have their own recommended insurer, those rates are much lower then what I would pay up in the northeast.
David Rutledge
SBA loan for small hotel
5 February 2025 | 16 replies
When we looked at purchasing a fulling running B&B it was more like 30% with a bunch of criteria we had to meet.Check out this link - https://www.sba.gov/funding-pr...The 504 is for large investments that drive job creation.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
While they did a good job, I felt the price was steep, especially since the house wasn’t in terrible shape.I’m debating whether the cleaning charge is reasonable to deduct fully or if I should waive part of it as a goodwill gesture.
Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
Once you narrow it down, start with small jobs to test their reliability and quality before giving them bigger projects.Building a solid network takes time, but having dependable people on call is a lifesaver for your rentals.
Grant Shipman
Household Size is Shrinking- what's the opportunity?
3 February 2025 | 2 replies
I have a nice office and a nice home gym.
Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Srikanth Kumar
neighbourhoods to focus in cleveland for multifamilies
27 January 2025 | 27 replies
That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.
Khaled Seirafi
MTR in Phoenix
6 February 2025 | 2 replies
Traveling nurses would be nice, but not trying to rely on those.
Kaleb Johnson
Best Area For Starting Out
4 February 2025 | 41 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Maryann Nichols
Is Bigger Pockets mostly for rental properties?
3 February 2025 | 5 replies
I am trying to build a nice little next egg first then move onto rentals.