Al Boettger
Residential Assisted Living
28 January 2025 | 42 replies
While buying one that’s up and running might seem a good idea - paying for speed - if you’re not quite ready, sometimes the best deal you make is the one you don’t make at all.
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
Quote from @V.G Jason: Buy 2-3 quality rentals with a 1.25 DSCR.
Schuyler G.
Which Areas Rent Fastest? Building a Tool to Find Out—Help Needed!
28 December 2024 | 7 replies
In our experience, things move in ebbs and flows and the speed of rental depends on your asking rents relative to competition.For example, there was a period of several months at one of our properties when a 3 or 4 BR unit came on the market it rented almost instantly.
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
Now anytime in Northern CA when winds get past a certain speed there is rolling blackouts..
Ricardo Garcia
Truebooks CPA - Feedback
9 January 2025 | 46 replies
Hi Gianma, Thank you for the honest review and comments, truly.I went back through our emails and correspondence to get caught up to speed.
Pat O'Connor
San Diego Property Managers
22 January 2025 | 4 replies
Are their listings detailed with good quality photos?
Leon George
New to BP Community
24 January 2025 | 13 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------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?
Gabriel Williams
Hello from Racine
23 January 2025 | 9 replies
The market in Racine is much different than Kenosha and we have been having a hard time getting quality tenant applicants.
Polat Caglayan
C class or not how can ı understand
11 January 2025 | 2 replies
@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.
Jeremy Beland
A Hard Lesson Learned from Our 2022 "Scary House" Flip
16 January 2025 | 16 replies
Then keep the speed of money & time moving to make more money in the end.