
4 June 2025 | 7 replies
There are a ton of free resources across all Biggerpockets & online I highly recommend utilizing.Also there are a ton of real estate related events here in OKC I'd recommend!

5 June 2025 | 13 replies
It's relatively affordable, but you can only report late rent and late fees(fines and other damages you need a judgement) .They also have to be 30 days past due.

1 June 2025 | 9 replies
Don't negotiate with tenants as it relates to what is in the lease agreement or what is not.

10 June 2025 | 4 replies
Go over all the related documents again; ask for proof of anything you question, and if still on the fence hire a CRE to do an analysis.

10 June 2025 | 26 replies
Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

2 June 2025 | 4 replies
What helped me the most was getting forum backlinks on niche topics related to real estate investing, like here on BiggerPockets.

10 June 2025 | 8 replies
I am not even sure that this is STR related.

12 June 2025 | 35 replies
When able to purchase one for a very low price, spend the relatively small amount necessary to get a “clean” rating, and sell the property for maximum value.

2 June 2025 | 1 reply
The MLS using a relator How did you finance this deal?

12 June 2025 | 7 replies
So that is for the listings as such.In relation to your question of things to know as a new investor, the most important one is that you generally (there are exceptions) have to purchase these properties in cash.