
19 June 2025 | 8 replies
Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

29 June 2025 | 4 replies
I bought out of state and it was a big mistake because of the property manager.

23 June 2025 | 21 replies
Plus, prices are high enough that, while I could afford one, it would be a bigger swing than I'd want to take for my first one, allowing for rookie mistakes and etc.

17 June 2025 | 11 replies
We are now in the process of looking to hire a tax attorney to help us resolve the issues caused by his mistakes.

2 July 2025 | 8 replies
For almost everybody in business, any business, their first deal is always the most expensive one and filled with the most mistakes.

29 June 2025 | 2 replies
I was 48 years old now I am 65 years old retired from a W-2 it was ether full Real Estate or the W-2 chose the W-2 it was a sure thing it was a mistake but learn and carry on. but now I like to JV with someone and get me going again

23 June 2025 | 4 replies
@Richard WangRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

30 June 2025 | 1 reply
Theres no best or worst areas anywhere.

30 June 2025 | 4 replies
One of the worst companies I have ever dealt with as a landlord.

25 June 2025 | 10 replies
The best learning is still actually doing it, but one can avoid a lot of mistakes by hiring someone to help coach through it, deal with what to do for each potential property and more.