Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
We are not looking to buy in class c or d.
Ashley Snider
Hello! Starting on square one!
6 January 2025 | 11 replies
Here is a recommendation I have for you as you begin to figure out what area you want to invest in.This website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code & discusses crime rate, schoolsUse this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FBest of luck and let me know if I can help answer any questions!
Daniel Segovia
Adapting to the Current Real Estate Market – Challenges and Opportunities
9 January 2025 | 2 replies
Example - borrower uses loan to purchase a home in a B or C grade neighborhood for 380k, spends 50k rehabbing primary home, uses 200k to put an ADU in the back, appraisal comes back at 925k.
Noy Rivlin
First-Time Investor Looking for Advice and Connections in Pittsburgh!
1 February 2025 | 14 replies
Nicest sections are closer to Grandview Ave/Duquesne Heights.verna- out side of Pittsburgh: I think you meant Verona if so it's a C+ area pretty good school district in Riverview.
Polat Caglayan
invest in detroit
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?
James Zobrisky
What to do with Cash Flow
31 January 2025 | 17 replies
Most who fail buy C/D real estate without strong fundamentals.
Jack Pasmore
The Importance of Underwriting. Is Automation Effective?
31 January 2025 | 9 replies
Is it class A/B/C, B+ or B-?
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
Quote from @Max C.: I am writing this review to express my profound disappointment with James' mentorship program, particularly regarding the conduct of one of his top students, Kristin Witherspoon.
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
This is the form that would be used: https://content.enactmi.com/documents/calculators/Form1038.C...
Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------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?