Updated over 9 years ago on . Most recent reply
Top 10 BP Areas to Review for a RE Investor?
Hello BP Community,
I’m a relatively new investor in the Fresno CA area, picked up a fourplex last June, and was looking for some advice. Could you please point me to what you believe are the top 10 forum, blog and/or webinars that you would recommend to someone using BiggerPockets for real estate investing?
Looking forward to your replies. Thank you in advance.
Most Popular Reply
Depending on the location of your fourplex section 8 can definitely be your friend. I've found that in the $600-$800 range per unit the housing authority is on par with rents if not higher. Rent is always on time because the tenant wouldn't want to chance losing their assistance. The housing authority also does annual inspections which keeps the units in good shape! It's a win win for me. Also section 8 tenants hardly ever move. Fresno has some of the best cash flow numbers in the state, good choice on location! I have 8 units in fresno avg. 12% cap.