Austin Wolff
Is building new always better than buying?
9 October 2024 | 17 replies
And I would probably look at the smaller houses where you can keep your unit costs down but still rent them at a higher price point relatively speaking. you are arguing one asset class. build a new hotel anywhere in America on any soil it's better than any apartment complex you can own. lower cost per sq ft than type 1 buildings and higher exit. we just ran into that and hotel is way better use after a rezoning application got declined for apartments. hotel is looking much better
William Silva
First Time Investment Property Buyer
4 October 2024 | 17 replies
@William SilvaRecommend 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?
Francis Nunez
Getting Started on real estate
3 October 2024 | 7 replies
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#2One thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.
Jay Garrison
passed Illinois RE exam, now what?
5 October 2024 | 4 replies
Then there's a few classes and two tests you need to pass.
Juan Mora
New RE investor interested in multi-family properties
4 October 2024 | 12 replies
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 FCheers from Fort Worth, TX
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
@Patricia Steiner what asset class presents better return than BTC over the past 12 months?
Sanil Subhash Chandra Bose
How to do out of state multifamily investment?
3 October 2024 | 9 replies
@Sanil Subhash Chandra BoseRecommend 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?
Lexi Blevins
Residential Assisted Living- What is up with this?
7 October 2024 | 22 replies
It's a simpler entry point and aligns well with serving protected classes like veterans, seniors, and single mothers—key to ensuring stability against HOA or city issues.Begin connecting with non-profits and agencies that help these groups find housing.
Sanjida Rabbani
Property management company
4 October 2024 | 5 replies
@Sanjida Rabbani How many units is the property and what class is the property/submarket?
Henry Clark
Self Storage- Failure at 100% Occupancy
7 October 2024 | 8 replies
Have 388 units at our Class C locations, we plan to increase the rent by $10.