This means less competition for those who are serious, hardworking, and committed to building a long-term career.You'll Learn Real Skills: When you can't rely on easy refinances, you're forced to become an expert in purchase loans.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

I wish I had the courage to take this leap earlier in life, but am excited to begin this journey and learn as much as possible from all of the experts here. 

A large number of the syndicators/sponsors were “light” on experience, knowledge, and expertise.3.

I am shooting to close on my 14th STR (self managed) in the next 6 months (started/built/flipped and sold 6 others) over the last 9 yrs and I have only seen horror stories of those who paid for "experts".

Once you determined that it can indeed help you, contact these BP experts, each one of them operates a reputable full-service cost segregation firm:  @Bernard Reisz, @Yonah Weiss, @Julio Gonzalez

It might also be beneficial to connect with a real estate agent who is familiar with the Portland market, as they can offer guidance tailored to your needs.Remember, every expert was once a beginner, so don't hesitate to reach out and ask questions.

When you have questions feel free to reach out to the experts its better to have the knowledge prior to the mistakes and use preventive maintenance.

If that's in the stock market, financial experts say that to be $500/mo.Stock market of course is liquid but I'll keep multiple six figs liquid just for safety.In a recession I'd sleep much better at night collecting monthly rent rather than have terrors about the stock market.

Bourque styles himself as the expert on compliance with SEC regs, but doesn’t state his educational background, experience, or any track record.