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2 January 2025 | 13 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.
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31 December 2024 | 3 replies
.- In some markets, that are growing quickly, with great jobs and lots of inbound migration, this could be a little higher - like 4-5% per year over long time periods as demand outpaces supply.
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30 December 2024 | 10 replies
There's so many catalysts for population and job growth (Intel, Honda, Amazon, Nationwide Hospital, etc).
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4 January 2025 | 26 replies
In my day job I’m an ops professional who manages a tech stack and efficiency is important.
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28 January 2025 | 48 replies
Your story sounds like what you hear when someone has gotten divorced, or lost a high paying job and had to sell or lost the home to foreclosure, along those lines.
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4 January 2025 | 14 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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1297805/small_1641848006-avatar-seanm407.jpg?twic=v1/output=image&v=2)
31 December 2024 | 15 replies
But move into a retirement "job" for Sean.
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28 December 2024 | 7 replies
My core investing philosophy is pretty simple, and has done very well across almost two decades and numerous cities:1) Invest in cities with population (and job) growth2) Invest in parts of the city where household income is near the median (or slightly below)3) Invest in properties that provide cash flow from day 1 Thank you for sharing that.
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2 January 2025 | 30 replies
If you really have gone from 3 to 200 properties this past year while having a two W2 jobs, you seem to have found your niche and doing well, good for you.
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26 December 2024 | 6 replies
I think it does a good job of introducing different strategies and lingo of investing in a digestible way and allows someone to find what they may find interesting and then learn more about that.