Wade Wisner
Help with Note/DOT investing
22 December 2024 | 13 replies
By definition, these type of loans are not the same quality as what is traded on wall street.
Renee R.
Property Management vs Self Managing in San Diego
24 December 2024 | 8 replies
Finding handymen is NEVER easy:( Often, you have to use trial & error method and weed through several before finding one that is acceptably (never pefect) reliable, quality, will fix warranty issues and has decent prices.Try visiting a Home Depot 6-8am on a Saturday.
Zachary Young
Where To Buy My First Rental Property
16 January 2025 | 23 replies
Quote from @Michael Smythe: @Zachary YoungRecommend 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?
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Qualified applicants that get priced out of rapidly improving neighborhoods will move into these areas but it seems like they aren’t biting.High quality, lower income applicants aren’t stupid and they won’t settle.If you think this area is a losing proposition, I would think about selling and not banking on hope.In regard to vacancy, I don’t consider any area that has average occupancy (economic and physical) below 95%You might pay more for a better area but time will treat you right and you’ll make a ton of money in equity over the long term.
Michael Florkowski
Union Carpenter getting started in the world of real estate!
27 December 2024 | 8 replies
Based on the quality of this particular home, my rent estimate may be low.Note: you have to consider other factors.
Thomas Farrell
BRRRR with ~400k Capital
11 January 2025 | 15 replies
@Thomas FarrellRecommend 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?
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
Some people will say, "Take out a quality Insurance Policy and you will be protected."
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
15 January 2025 | 18 replies
I am not a fan of concessions as I believe that it will attract lower quality, shorter term tenants.
Christian Jones
Best Property Managers in Columbia
26 December 2024 | 5 replies
Are their listings detailed with good-quality photos?
Dean Malka
Rehab costs estimations
18 December 2024 | 11 replies
looking to accurate my rehab costs calculator, specifically in the Pittsburgh area.Of course, It varies from one investor to another, depending on the quality, standard, size, condition, and team.I am looking to get a range or see how much you pay for each remodeling. 1) what's your range for remodeling a kitchen completely (granit, backsplash, tiles, etc)?