Kathy Diamond
Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
I'd rate the neighborhood B or high C.
Heidi Thompson
Padsplit insights please
2 December 2024 | 30 replies
They look rough on the exterior and most of them are located in the class C neighborhood.
Brandon Morgan
payment methods for tenants
28 November 2024 | 15 replies
Yes, having tenants pay ACH via a Tenant Portal software is best, but not all will cooperate and some will play games that result in NSF charges.We allow tenants to deposit cash/check/money order directly at our bank into our account.Many Class C & D tenants have challenges adapting to unfamiliar ways to pay and is often not worth the hassle (and possible evictions) to get them to change:(
Megan Mason
How to Start Investing in Section 8 Housing: Advice Needed
1 December 2024 | 4 replies
@Megan Mason recommend you watch some of the videos from @James Wise youtube channel on S8 evictions.We've been dealing with S8 tenants for over 20 years and they are NOT a cure-all for rent collection challenges.Since rents in Class A & B areas exceed S8 limits, most of your S8 rentals are going to be in Class C/D areas.
Loan Nguyen
Cash Flow is my issue
1 December 2024 | 25 replies
In many of the C-class neighborhoods, rental rates are exceeding the expenses for investors.As of April 2024, the median price of a home in Ohio was $238,700, which is a 4.7% increase from April 2023.
Rachael K.
Legal to move into my 1031 exchange- Safe Harbor clarification- capital gains
3 December 2024 | 11 replies
So you could 1031 from A to B to C to D.
Jeff S.
Beneficial Ownership Information Reporting (BOIR)
26 November 2024 | 3 replies
We are writing to you regarding new reporting requirements for many businesses, including LLCs, C, and S Corporations.
Henry Clark
Self storage- Political impact November 2024
25 November 2024 | 2 replies
At some point the House wins.To put it in Self storage terms, very similar to my C market comment above.
Jim Reynante
Low Crime Stats Make Appleton, Wisconsin Appealing
29 November 2024 | 8 replies
Quote from @Jim Reynante: After owning properties C/D neighborhoods with high crime statistics, I have experienced all of the things that go along with it: 1) High turnover rate; 2) Tenants that don't care for the property; 3) Little/No appreciation in home value; and 4) High Crime Rate (burglary, vandalism).I am pretty tired of fixing broken windows, fixing broken doors/locks, and painting over graffiti.
Andrew Liu
Buying Property From a Friend That's Cash Flowing Already?
2 December 2024 | 6 replies
This would be in class b, class c will have higher maintenance/cap ex on average. you have $0 for vacancy.