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17 January 2025 | 23 replies
Simultaneously, you're managing applicants and tenants, who are often working within tight timelines to secure or renew leases.
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11 January 2025 | 6 replies
It all depends on your location and service.
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19 January 2025 | 46 replies
Ask your brother what his BAH is for his rank and location.
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9 January 2025 | 6 replies
If there are people there will be a need for MTR-- getting your location, unit size and pricing to align is the magic sauce.
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15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro Detroit market: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?
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16 January 2025 | 78 replies
To create rental income that enables financial freedom, you need a location that meets specific criteria.Rents increase faster than inflation: Prices and rents are driven by the imbalance between demand and supply.
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7 January 2025 | 5 replies
If you’re considering leveraging hard money lending (HML) for this flip, it could be a strong alternative to traditional financing—especially since HML is quicker to secure and designed for investors aiming to flip properties fast.With HML, you’re typically looking at covering a significant portion of both purchase price and rehab costs, which keeps more of your cash free for other expenses or emergencies.
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16 January 2025 | 9 replies
Evaluate potential rental properties with a keen eye on location, cash flow, and potential appreciation.
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7 January 2025 | 3 replies
As you said, this allows you to track LLCs (locations) and properties (classes and/or customers).
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16 January 2025 | 6 replies
My job will be on the southside of Indianapolis, so for location wise that would be better, however obviously the north side seems to have more potential.