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22 January 2025 | 15 replies
@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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18 February 2025 | 20 replies
@Sami Gren I would not recommend accepting rent through a random App that you did not set up yourself.
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6 February 2025 | 18 replies
@Jerry Velezstrongly recommend against doing this.start with a house hack instead.make it your mission to house hack.did i mention house hacking?
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28 January 2025 | 6 replies
I would also recommend seeing if there are any local realtors that you could do an internship with in your area?
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11 February 2025 | 13 replies
Ask for their advice and maybe even something a little corny, like whether they’d be willing to write a letter of recommendation for your lender when the time comes.
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31 January 2025 | 5 replies
I'd recommend having enough to close on the deal + rehab + $5k in reserve as a minimum.
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23 January 2025 | 8 replies
If I have some cash do you recommend clearing the loan or invest instead for next property with proper planning ?
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26 January 2025 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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20 February 2025 | 181 replies
Wagner was recommended by my cousin who purchased a few properties with them and he's happy with the process.