
5 November 2024 | 29 replies
That's why Baselane has 120 real estate only categories so you don't have to code any classes or anything like that.

1 November 2024 | 8 replies
@Beruk LessaneworkRecommend 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?

4 November 2024 | 8 replies
Are they good assets (A class, good location, high demand)?

5 November 2024 | 22 replies
I think it also depends on the class of apartment you have as well and who is your target tenant.
2 November 2024 | 8 replies
The S8 program was never designed to put S8 tenants in Class A rentals!

31 October 2024 | 1 reply
Owasso is another area to consider, though prices there may be on the upper end of your budget, but the rental demand is strong due to local amenities and a community-focused environment.For a buy-and-hold strategy, these areas tend to offer good rental demand, relatively low vacancy rates, and potential appreciation over time.

1 November 2024 | 0 replies
However, I researched the market and for Class A or B+ 90+ unit property, the overall cap rate is about 8.7% (as of 3rd qtr 2024).

31 October 2024 | 0 replies
Purchase price: $400,000 Cash invested: $200,000 Bought this fixer upper 2 family house with 2 bed 2 bath and converted it to a 4 bedroom 2.5 bathroom with finished basement.

3 November 2024 | 24 replies
no I have not purchased the home yet -but I’m educated and working with a realtor who understands the process.1st- you have to be a recipient of a section 8 housing choice voucher /in the program and in good standing2nd you need to be in the rental unit and in the program for a year minimum3rd you must to be in a “participating housing authority” or PHA because not all Housing Authority’s participate in this rent voucher -to -home mortgage voucher program4th it may ( or may not) require recipient enrolling in an additional sub program called families for Self Sufficiency ( FSS) which has a class that teaches voucher holders how to use the voucher for a mortgage payment5th I’m working with a realtor who understands the process - has used it for dozens if not hundreds of clients. it’s going to be VERY hard for anyone unfamiliar with government processes to get through it successfully. note I’m also utilizing first time savings plans IDA‘s and local first time homebuyer grants and a USDA 502 direct low income Rural loan. and my own funds.All aid mentioned can be “stacked” to lower mortgage & create long term affordability.