
16 December 2024 | 8 replies
@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------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?

10 December 2024 | 14 replies
My strategy has been to grow aggressively (by using as little of my own money as possible) to secure good assets, and once stabilized, then work to pay down loans to own them free and clear sooner rather than later.

12 December 2024 | 17 replies
There are a number of meetups in Sacramento and we have been coordinating the dates among hosts so that there is no overlap - I run the West Sacramento Meetup that @Ben Howard mentioned (we gather every 4th Tuesday of the month).Here is a list of meetups that we're in collaboration with (they are all based on an abundance mindset that we have here on BP)- 1st Tuesday - REI Connect @ Roseville Meetup (reach out to @Nicole Masters)- 3rd Tuesday - Investor Mixer @ Crawdads on the River- 3rd Thursday - Folsom Out of Bounds (dates may shift a bit)- 3rd or 4th Wednesday - Real Estate Round Table (CH Cafe & Grill) - they recently relaunched and stabilizing the schedule- 4th Tuesday - West Sacramento Real Estate MeetupI'm working on putting together an easy to access list that Sacramento investors can refer to.

20 December 2024 | 20 replies
This is because value-add properties, especially those built in the 1960s to 1980s, typically take a couple of years to stabilize, particularly in today’s market conditions.

15 December 2024 | 13 replies
He believes it can achieve $100k after stabilization.

18 December 2024 | 5 replies
We feel that this is fair for all parties involved.
20 December 2024 | 4 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

23 December 2024 | 34 replies
For instance, if I buy a house 20% down, 5% closing prep costs where the rent matches the mortgage, interest and tax and assume a 5% rent growth and appreciation, I'm expecting an 11% total return which is just not good enough for the hassle involved.

24 December 2024 | 23 replies
Your overall experience investing in a syndication involves much more than the yield you could achieve.

18 December 2024 | 13 replies
.: I wanted to get involved in land investing and made a post about it during the summer and have continued to look at it until now.I was questioning if I should trust a land guru in my area so I asked about it and got some feedback.So then I have searched for land investing education programs and a name was at the top on google and I saw he had a lot of information out there.I did research on him and watched a lot of his videos and it all sounded good but I heard him talk about how he now owns over 1000 doors in multi family, so I started thinking about it.