All Forum Posts by: Devon Keaveny

@Greg Dickerson

This makes sense, thanks.

@Steven Ko

I'm in the same boat with a lot of the things you explained and I have not put the second one into consideration but that is a very important thing to look at well choosing what type fits your goals. Thank you.

@Erik Whiting

This information is helpful, thank you. I would be screening my tenants very carefully and do my due diligence. There's a lot of these type properties in my area and all that is on my mind is the cash flow. One day to build a stable enough income to not work a 9-5. These C types would be much harder to sell thats a good point and something I should consider.

@Matthew Paul

Good stable tenants is a very big pro for me when talking about B class properties.

@Nick Rutkowski

Those are good points, thank you.

@Ujwal Velagapudi

Thank you for the information, I definitely think my goals and risk tolerance would lean towards going for the C/D types. It would also work really well in my area as multi family cash flows well here with those type of properties.

@James Marjerrison

I'll do that for sure, thank you!

On the outside D type properties look like steals, but with the potential crime, turnover rate and bad tenant pools is there really good money to make? Or is it better to go for B type areas that won't cash flow as well in decent locations but you know there will be less turnover and less headache?

I'm looking to connect with local members in PEI. Wondering if there's any clubs out there that will help me learn more about local investing and getting started.

@Kris H.

This is my first time hearing about this, I checked it out and there seems to be some useful information. Maybe needs some more updating from what I am hearing.