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.

Plan for 15 to 25 percent of the electrical budget to be discovered work.Biggest early mistake I made was not getting a structural engineer involved before closing.

Considering the taxes, insurance, and code issues piling up, getting a local real estate attorney involved who’s experienced with contract-for-deed foreclosures in Ohio is really the best next step, because they can guide you on the proper notices and timeline to protect yourself and the property.

It involves a lot of patience, deals may fall out, and some properties may not make sense to even buy. 

Over time I’ve gotten very involved in the investment side as well — especially underwriting rentals, evaluating cash‑flowing properties, and helping investors think through their financing strategy.I joined BP to:Learn from other investors who are scaling portfoliosStay sharp on market trends and deal analysisConnect with people actively investing in NJ, NY, and surrounding marketsShare what I’ve learned from working in property management and investment operationsLooking forward to learning from all of you and contributing where I can.Excited to be here! 

I don’t want any problems between the tenants but I don’t know how to make this girl turn down her music Don't get involved unless:1) Lease Violation2) Police ReportEncourage you to tell the tenants this!

Owning your primary free and clear with young kids gives you flexibility most people don’t have.A couple things I’d think about in your situation:First, get clear on how involved you want to be day to day.

I’m also involved as a partner in some residential new construction projects in Florida.I run a small residential and commercial painting company here in KC, so I stay pretty hands-on with construction and renovations.Curious if there are any local meetups or groups where people get together to talk deals and learn from each other.

There’s less risk involved because there’s no unforeseen issues unlike a home where you might tear into a wall and find termite damage.

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.