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7 January 2025 | 11 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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21 December 2024 | 6 replies
I’ve already found some potential buyers interested in the deals.However, one buyer has recommended that I terminate my contracts with the owner and instead work directly with them.
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6 January 2025 | 5 replies
. - So, recommend having that first hire document the crap out of what you want them to do.
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2 January 2025 | 19 replies
What some people on BP don't seem to understand is to stop making the assumption that everyone is not working their best at thisif you have to provide negative comments or any sort of negativity when providing advice, then advice or recommendations shouldn't be your fortéAs i mentioned before.
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5 January 2025 | 7 replies
I would recommend at least $300-$400/month in cash flow after expenses to make this potentially worthwhile on a SFH.
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6 January 2025 | 7 replies
Lastly, I’d recommend running the numbers for your long-term goals.
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6 January 2025 | 6 replies
What legal actions are recommended here?
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2 January 2025 | 0 replies
Pleased to accept the recommendations of those more experienced than I and I thank you for your advice!
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2 January 2025 | 2 replies
I would also recommend the RPOA meetings here in Grand Rapids.
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2 January 2025 | 2 replies
I would recommend starting with those and then reaching out to an experienced investment oriented agent once you are ready.