![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/856871/small_1711028998-avatar-ryanm359.jpg?twic=v1/output=image&v=2)
12 January 2025 | 5 replies
Then you'll have to figure out how you fund the project (land purchase + build costs).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2947090/small_1734467679-avatar-rebeccac200.jpg?twic=v1/output=image&v=2)
13 January 2025 | 25 replies
Large construction projects. 2.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2542622/small_1736901588-avatar-matthewc914.jpg?twic=v1/output=image&v=2)
13 January 2025 | 11 replies
The judgments have to be looked up manually, because screening software only looks for unlawful detainers and the Virginia court records don’t feed consistently accurate to the other programs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1878209/small_1734403836-avatar-latonyac3.jpg?twic=v1/output=image&v=2)
20 January 2025 | 31 replies
The secret is tenant selection, and finding good tenants in the program.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1425564/small_1721750830-avatar-alana69.jpg?twic=v1/output=image&v=2)
31 January 2025 | 44 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3158834/small_1734567597-avatar-kurtiss25.jpg?twic=v1/output=image&v=2)
28 December 2024 | 1 reply
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $8,000
Cash invested: $20,000
In 2013, I decided to put much of what I had learned from books into action by purcha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/853986/small_1621504487-avatar-connoro10.jpg?twic=v1/output=image&v=2)
2 January 2025 | 9 replies
The voucher program typically determines the amount they’ll pay based on their calculations, and you don’t necessarily need to lower your listed price for utility allowances.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/225114/small_1621434471-avatar-gicdealfinders.jpg?twic=v1/output=image&v=2)
12 January 2025 | 23 replies
Most people I know start with low money down programs so they can get away with a initial capital investment of around $25k but you also need reserves.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164566/small_1735983084-avatar-luism510.jpg?twic=v1/output=image&v=2)
4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2223699/small_1694596478-avatar-jeffgrove74.jpg?twic=v1/output=image&v=2)
10 January 2025 | 6 replies
There are plenty of entry roles from cold calling, scrubbing data and find deals for investors, leasing assistant, work on construction sites, office admin, project coordinator, Title assistant, RE photographer, transaction coordinator.. on and on.