4 March 2026 | 19 replies
Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.
9 February 2026 | 1 reply
We don't currently have a BPCON volunteer program, but you never know if that might change!
25 February 2026 | 8 replies
@Jaylan Archer Look into the HOP program.
1 March 2026 | 9 replies
Use the government low income housing program to line up individuals to build there.
13 February 2026 | 7 replies
I'm not aware of any programs that would allow you to get financing as if you were an owner-occupant.
26 February 2026 | 29 replies
about investing would cut the guru’s potential victims by 90% - that’s probably the percentage of program purchasers that lack sufficient capital to launch a meaningful investment program.
23 February 2026 | 13 replies
Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.
23 February 2026 | 10 replies
The pre-programmed chatbot sends initial contact, and once they respond it filters motivation and that's when I step in.
3 March 2026 | 7 replies
Initially you need to get a copy of the current Rent Roll, delinquency report, and Security Deposit status; (request estoppel certificates if you move forward with an offer) year end financial statement for 2025; terms of each Rental Agreement; who pays which utils (and LL cost); what is the Tenant parking situation; who owns the major appliances; when was it built; is there know asbestos containing material or lead based paint; has plumbing or electrical had any significant upgrades; has main sewer line been scoped within the last year; have there been any leaks, anywhere in the building in the past 5 years; size (btu) and type of water heater(s); size and type of AC unit(s); is there a common laundry area or individual hookups in each unit; is there a wired fire alarm system; is there a fire sprinkler system; is there a security camera system; how old is the roof; how old is the exterior paint (siding and/or trim); who performs groundskeeping and at what current annual cost; how is regular and large or bulky item trash removal handled, and at who's cost; is there any pest control provided, and at what cost; is there a "system" of keys for the building (type, master keyed or not, controlled access via programmed prox readers), and a few more that escape me at the moment.Be sure you understand the legal boundaries that the Selling Agent is bound to.
7 February 2026 | 4 replies
Buying tenant occupied in a 3 family can be totally fine, just go in assuming you are inheriting their leases and the program rules, not getting a clean slate.