
8 January 2025 | 5 replies
@Polat Caglayan very ambiguosu question, but read the helpful info below to guide your next set of questions:)-------------------------------------------------------------------------------------------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?

7 January 2025 | 4 replies
@Serge Hounkponou Recommend you first figure out the property Class you want 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?

27 January 2025 | 18 replies
I would also highly recommend you set some parameters when thinking about working with non-accredited investors or if you are one and want to invest on a large deal.

24 January 2025 | 4 replies
I think because it's so competitive to survive in California, and being accustomed to high prices, they view the rest of the country as opportunity.

26 January 2025 | 16 replies
People with high risk tolerance will have a far different answer than someone who is risk averse.

21 January 2025 | 2 replies
DSCR loans go up to 80% of the purchase price and depending on the Debt Service Coverage Ratio and your credit score you can expect rates on a 30 yr loan ranging from High 6%- Mid 8%.

19 January 2025 | 18 replies
A DSCR loan is going to require more down, have high fees at closing, a higher interest rate, a pre-payment penalty, and will require you to have cash reserves that you likely don't have at the moment.

17 January 2025 | 35 replies
Ultimately it was the customer service and poor quality of my post cards that caused me to leave.

14 January 2025 | 16 replies
Other introverts will feel comfortable with you and that could actually help your journey......more important qualities are honesty, integrity and being a harder worker than others.Just be yourself and go get started.

7 January 2025 | 5 replies
The quality of available tenant varies drastically depending on the neighborhood.