Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
30 January 2025 | 56 replies
@Fulati PaerhatiRecommend 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?
Leon George
New to BP Community
24 January 2025 | 13 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------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?
Pero Konjevich
Rental Insurance Dyer Indiana
9 January 2025 | 4 replies
I've heard nothing but complaints from customers AND their franchise agents reegarding the quality of their 800-number service center.
Isaac Watson
Top Tips For Purchasing Small Multi-Family Through Creative Financing
12 January 2025 | 3 replies
The quality of answers to your are directly correlated to the quality of your questions asked.
Gabriel Williams
Hello from Racine
23 January 2025 | 9 replies
The market in Racine is much different than Kenosha and we have been having a hard time getting quality tenant applicants.
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
Quote from @V.G Jason: Buy 2-3 quality rentals with a 1.25 DSCR.
Tayvion Payton
Thoughts on a Multi-Family Deal in 76104, Fort Worth? Looking for Cash Flow!
21 January 2025 | 3 replies
Crime and Tenant Quality: With the higher crime rate in 76104, how much impact could this have on tenant retention and turnover?
Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------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?
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Could be a business decision based on keeping long-term high quality tenants rather than risk the costs on turnover.
Anthony Vaganos
DCSR vs Conventional with transfer tax
19 January 2025 | 8 replies
Learn of course, but many of us have purchased properties throughout our career without "iron clad" veils and have done just fine.