19 May 2024 | 7 replies
Quote from @John C.: Good day.

21 May 2024 | 48 replies
There are still areas that are comprised of predominantly S8 rentals however, and they tend to be Class C/D locations.

21 May 2024 | 34 replies
Why I Believe Striving to Build Passive Income is OverratedThis may seem like a disingenuous statement coming from a passive income guy, BUT, I believe that those looking to build sustainable look term wealth would be better off to downplay passive income.Passive income has a role, a large role, but one best utilized when a certain level of wealth has been achieved, and the holder of said wealth is looking to preserve capital and live off the income generated by passive investments.I hear many relatively new real estate investors say that their goal is to acquire enough real property to replace their earned (W-2 or 1099 or Sch C) income with the income be generated by their investments.

19 May 2024 | 21 replies
Agreed, I have some rentals in a B area and have friends with them in C areas and its night and day (talking 2-3 miles difference here in locations) in amount of applicants and quality of tenants.

19 May 2024 | 24 replies
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.Our OPINION for the most markets (always verify each area for yourself!)

20 May 2024 | 20 replies
In the c areas in the city you are at closer to 50-60% or rent covering piti.

20 May 2024 | 35 replies
Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

22 May 2024 | 74 replies
If one is buying cap rate 3-4% class C in sunbelt with bridge loan 0.90% DSCR 80%LTV 4 years bridge loan that's almost guarantee one would lose money lol I meant the risk is just too high.Just think about it, what I dont like is there're just so many GP that they can't even think financially straight.

18 May 2024 | 14 replies
Hey @Dan C., well I guess you need to ask yourself is it less work to clean up after guests in the off season than high season?

18 May 2024 | 11 replies
Quote from @Allan C.: @Matthew W.