Michael Beirne
Section 8 BRRRR in Baltimore
22 January 2025 | 15 replies
@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------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?
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).
Kaleb Johnson
Best Area For Starting Out
30 January 2025 | 40 replies
@Kaleb JohnsonRecommend 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?
Ike Okwerekwu
Property Manager Referrals
27 January 2025 | 7 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Charles Evans
What Paperwork Should I Be Keeping Record Of?
29 January 2025 | 9 replies
Here's a list of things to track:- Formal lease application- Formal signed and executed lease specific to your state- Payment history (I recommend using online rent collection like Apartments.com, RentRedi, etc)- Maintenance requests and receipts- Accounting for all rental-related expenses (repairs, utilities, etc) The more you treat it like a business, the more helpful you are to your CPA come tax time.
Pat O'Connor
San Diego Property Managers
22 January 2025 | 4 replies
Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
Gutta Bunni
Saint Louis Missouri property miner and managers
29 January 2025 | 3 replies
Louis, Missouri-based property manager seeking investors and opportunities to property Tenant screening, lease negotiation, property maintenance, rent collection.
Charles Evans
New House Hacker
22 January 2025 | 13 replies
Learn basic maintenance stuff from YouTube (caulking, painting, learn how to use a drill, etc) and find a well priced handyman for maintenance.
Zachary Young
Where To Buy My First Rental Property
30 January 2025 | 56 replies
Much like other markets in the Midwest, investors go to our market because of the low barrier to entry.
Lorenzo L.
Buying my first property (NEED ADVICE)
15 January 2025 | 39 replies
Everyone has been spoiled by the last 10+ years of low property values with high rents and low interest rates.- Just ask any investor doing deals prior to 2008 Real Estate Crash!