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2 October 2024 | 11 replies
Hi Jose.My properties are currently with PM's, but all of our properties are D class so I might be able to provide some insight.With D class, a lot of people don't have credit or even bank accounts, and anything on-line that they can't easily do on their phone isn't going to work.
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1 October 2024 | 14 replies
Not sure if you need this but something I would recommend for you is this website.https://www.areavibes.com/Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F Thanks Preston.
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2 October 2024 | 8 replies
I think a higher class neighborhood is better for a new investor.
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1 October 2024 | 24 replies
@Ali L. actually, in our experience, the problem is investors buying Class C & D rentals expecting Class A results.
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3 October 2024 | 26 replies
Currently lower income, but lots of development going on here public and private What class would you consider those areas?
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27 September 2024 | 27 replies
Who teaches the best class on MTR-Mid Term Rentals?
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2 October 2024 | 4 replies
It was a MASTER CLASS!
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30 September 2024 | 10 replies
@Lavette Reid Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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 Class A property in Class D area, what quality of tenant will you get?
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3 October 2024 | 29 replies
Class D neighborhoods pencil out great if you don’t know what you’re doing and don’t mind packing a gun when you go to collect rent every two weeks.So here’s a tip: never invest in a place where you wouldn’t want to live.
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30 September 2024 | 8 replies
@Karl Kauper going to guess your current PMC:1) Is having too many tenant nonpayment issues for your likingAnd/or2) Refusing to share their background checks with you, so you can make your own approval decisions to address #1 above.Several factors may be at play here that you may want to consider before being trigger-happy:1) For several legal and contractual reasons, it's pretty much NOT possible for a PMC to share background checks with an owner. 2) What Class of property do you own?