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Results (3,490+)
Marcel Couch Neighborhoods For Long Term Rental
8 August 2022 | 32 replies
@Marcel Couch Classes for commercial properties are different than residential 1-4 family properties.Also, you'll find the concept of classes for 1-4 family vary greatly as there's no standard and everyone has different opinions.Our LOGICAL opinion is that it all revolves around the tenant pool for a property.Here's our definitions of Class A-D, with the understanding that we are playing statistics and probabilities (there are always exceptions):Class A: 680+ FICO, white-collar to high-blue collar, very stable career/income, usually some savings, takes very good care of rental propertyClass B: 600-680 FICO, low white-collar to mid blue-collar, stable employment/income, often some savings, takes good care of rental propertyClass C: 550-600 FICO, mid blue-collar to no-collar, decent stable employment/income, lives paycheck-to-paycheck, 50/50 on taking decent care of rental property or being hard on it.Class D: <550 FICO, no-collar, unstable employment/income, often only SSI and/or Secion 8, often doesn't deal with banks, usually hard on a rental property.The tenant class will eventually affect the property, which eventually affects the neighborhood class, which affects the contractor & PMC class willing to work there.An abundance of housing will typically lead to a lowering of the overall class in that area.A shortage of housing will lead to gentrification and improvement of overall class in that area.
Pam Wils New Agent looking for agency to join
18 July 2022 | 40 replies
The information to be a "good" agent is abundant on free sources.
Alice Smith What's a right house for STR
24 July 2022 | 13 replies
If you're property is an ADU in a suburb of Portland, it's tough to make a lot of cash given the abundance of those in Oregon's ADU friendly zoning environment.
James Carlson DSCR loan (or other loan) for vacation rental in Mexico?
3 August 2022 | 14 replies
Now, the FED has make it abundantly clear that they'll keep raising interest rates aggressively until they can bring back inflation below their 2% target.
Christian Francois Should I get a real estate license before becoming an investor?
28 July 2022 | 12 replies
I'm not 100% sure what viewpoint you're coming from with the question but here are a few possible scenarios you may be considering...1.) you're inexperienced as a party to a real estate transaction, and you want to gain knowledge while also setting yourself up to earn income and save commissions.2.) you're an experienced investor and have been a party to several deals, and you just want to save commissions, get easy access to properties, all while helping the occasional friend/fellow investor as supplemental income.I'm guessing you're closer to #1, and your intentions must be abundantly clear... do you just want to avoid commissions, or are you in it to learn and grow in the business? 
Account Closed MFR in Chicago and surrounding ‘burbs
19 August 2022 | 16 replies
If you need other suburbs to explore Berwyn & Cicero could be good options due to abundant 3-4 unit inventory.
Spencer Zeff Rental listing blowing up, advice on raising rate / bidding war?
2 August 2022 | 14 replies
If the abundant interest persists, we will adjust the price before accepting application fees. 
Scott Seydor Kissimmee STR - How Many Bedrooms?
24 August 2022 | 6 replies
I would say that there is absolutely a sweet spot, the market has an abundance of 3-5 bedroom homes.
Everett Stephens Analyzing my first multi-family transaction...
28 September 2022 | 11 replies
SFRs are fairly straight forward based on abundantly FMV data and experience.
Brian Earnest New To This and Excited about the Possibilities!
28 December 2021 | 20 replies
Gotta have that abundance mindset!