![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/575121/small_1695166412-avatar-jzck.jpg?twic=v1/output=image&v=2)
21 January 2025 | 74 replies
As for the experience suggestion, thank you for your bluntness JHL, we all need that reality check, but I also have 42 years (bought my first property at 16 years old) and 5 generations of real estate investment behind me and am always looking for new developments in this dynamic business.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3157004/small_1734144472-avatar-markg730.jpg?twic=v1/output=image&v=2)
21 December 2024 | 1 reply
Based on my extensive research, the data suggests the following success and failure rates nationwide:Success Rate: 70-80% for experienced investors, 50-60% for beginners.Failure Rate: 20-30% overall, with 10-15% leading to significant losses.I’m eager to hear insights from any BP members who would like to share their thoughts.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3068469/small_1720235587-avatar-jessicak238.jpg?twic=v1/output=image&v=2)
30 December 2024 | 8 replies
I also suggest a drive-by so they are not unpleasantly surprised by the neighborhood when they to the showing, and just keep on driving by anonymously as I wait outside.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2696572/small_1714681310-avatar-christopher1027.jpg?twic=v1/output=image&v=2)
29 December 2024 | 23 replies
If you haven't already connected with an investor-friendly lender yet I'd highly suggest that.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1770926/small_1695380222-avatar-samuelg105.jpg?twic=v1/output=image&v=2)
8 January 2025 | 27 replies
They have even suggested that if I want to pursue the matter, my only option is to sue, as they believe they are fully within their rights to withhold this information.
20 December 2024 | 1 reply
Can you suggest an insurance company and contacts for our rental houses?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2019249/small_1640184445-avatar-fakaradin.jpg?twic=v1/output=image&v=2)
30 December 2024 | 89 replies
First of all, I suggest you search the forums as arbitrage has been discussed ad nauseam.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3113079/small_1734918783-avatar-evas47.jpg?twic=v1/output=image&v=2)
19 December 2024 | 22 replies
Anyone have any suggestions?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2655600/small_1736198768-avatar-keirah3.jpg?twic=v1/output=image&v=2)
6 January 2025 | 31 replies
@Keira Hamilton can you suggest any forums similar to this one but specific to laundromats?
24 December 2024 | 2 replies
Get a good exhaust fanEven if your bathroom has a window, I would still suggest this.