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26 February 2025 | 24 replies
Quote from @Keri Cor: A paying tenant is almost always a good tenant.
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19 February 2025 | 13 replies
Please stop asking us for "the best" zip codes to invest in.Detroit has around 183 Residential Neighborhoods - wouldn't it be nice if "some proprety mangagement company" Classified them all as A, B, C, or D on an interactive map that real estate investors could use to make better decisions?
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26 February 2025 | 21 replies
Personally, I'd look for C+ or B neighborhood in Cleveland could offer decent cash flow with fewer headaches.
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30 January 2025 | 4 replies
@Joel Betances sounds like you bought a Class C or D property - are you aware of this?
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23 January 2025 | 10 replies
I was once told jokingly that we bet on the jockey, not the horse.Next comes the property.
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21 February 2025 | 28 replies
Please stop asking us for "the best" zip codes to invest in.Detroit has around 183 Residential Neighborhoods - wouldn't it be nice if "some proprety mangagement company" Classified them all as A, B, C, or D on an interactive map that real estate investors could use to make better decisions?
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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?
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27 January 2025 | 12 replies
There's always grey zones of A/B, B/C, or D/war zone like neighborhoods.
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21 January 2025 | 4 replies
If you would like to avoid that process, then you can either close with a portfolio loan or DSCR, and just vest title in your LLC from the beginning @Lau Cor.