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At the time of screening, he had a credit score of around 600-615. 94% time on-time payment and one collection. I took a risk as this tenant has a family. Tenant was more than willing to get into the property(as he ga...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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The rental industry remains one of the least disrupted multi-billion $$$ industries in the US... Other than software to make marketing, property management, researching properties, finding owner contact info and accou...
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I am very excited that we have a special forum for syndication and fundraising for CRE now. There has been a group on BP for about a year that has grown considerably, but now we will have a forum on the main page.
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Hello BP....I'm looking to purchase property in Newark, NJ...I'm from NYC so for me, this is right next door. Can anyone let me know what neighborhoods to stay away from? Thanks.
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Hello BP,I bought my first rental property in early 2022, an out of state (KCMO) SFH. I bought from a turnkey company that is endorsed by BP. The home was not "turnkey" per say, but was sold by another investor throug...
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I just started listening to the BiggerPockets podcast about a week ago (due to this incoming windfall of cash that I initially didn't have a gameplan for) and I think I’ve powered through 20+ podcasts so far! I cannot...
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Just wanted to see what people do. I've owned RE for about 3-4 years and I haven't told a single coworker about it. I'm a private person in general. Still though sometimes I consider it. I think it's interesting conve...
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Hello! I just moved into a new market and bought 3 low income doors. 1 Single Family flip in a D neighborhood that is just on the other side of an A neighborhood1 Duplex that is 15 years old in a C area that is coming...
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Hay everybody,Just wondering, do any of you have experience with Norada Real Estate? http://www.noradarealestate.comIf you do please let me know how you worked with them, and what your experience was like. Thanks much!