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12 January 2025 | 25 replies
--------------------------------------------------------------------------------------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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12 January 2025 | 11 replies
All of the tools that you use to try to figure out if a potential tenant will be a "good" tenant revolves around trying to answer those 3 questions.
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6 January 2025 | 0 replies
When under contract at 300k with the expectation that codes would be the determining factor on what can be done on with the property, as it relates to new construction.
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4 January 2025 | 14 replies
@Ethan Slater here's some info we hope you find useful: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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6 January 2025 | 0 replies
When under contract at 300k with the expectation that codes would be the determining factor on what can be done on with the property, as it relates to new construction.
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22 January 2025 | 203 replies
I am not smart enough to figure this one out.Somebody mentioned they have access to the ocean.
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10 January 2025 | 2 replies
If you are like me, you are shocked and in disbelief that figure is accurate.
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31 December 2024 | 13 replies
A good GC will have their own contract for you to review and you could potentially negotiate from there to see if you can figure out what works for both of you.
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12 January 2025 | 8 replies
I figured calling would be easier, and they said I can't transfer the title or they will call the loan due.
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9 January 2025 | 2 replies
My favorite source is Navy Federal for its long draw period of 20 years, and Figure for its fast funding.