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16 July 2024 | 21 replies
@Michael Bishay your biggest challenge will be getting your expected ROI out of Class C & D properties.S8 vouchers aren't necessarily a guaranteed solution.
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18 July 2024 | 4 replies
Are these numbers reasonable for Tulsa (0.9 for rent-to-price ratio and B class neighborhoods focussing on affordable housing) and the duplex should cash-flow about ~$200/door with 25-30% down.For other investors in Tulsa, not targeting value-add (BRRRR, ...) - would you consider this a reasonable deal (don't need a home-run)?
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17 July 2024 | 2 replies
Like most regions, the Oregon Coast (and beyond) the STR regulation environment is constantly evolving and changing.
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20 July 2024 | 7 replies
I stand by the concepts in my 5/27/2020 post on this BP topic, Buying auction properties in Wake County, NC, that people serious about buying foreclosures should take a few law classes or at least know every detail in their state statutes regarding the process.
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18 July 2024 | 2 replies
Good stuff, although in our experience, most investors going OOS, don't do enough market research.We really push understanding the property Classes of the market, so someone doesn't put "lipstick" on a Class C or D and sell it to an OOS investor as Class A or B!
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17 July 2024 | 4 replies
Are these Class B, C, or D properties?
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17 July 2024 | 16 replies
Just be aware of the legal environment in your state, and make sure you market your position in the contract and not the property itself.
18 July 2024 | 10 replies
If you can, go several times, so you can watch it happen from the foundation all the way up.If you live close to a store like Home Depot or Lowe's, sometimes they have free classes on "how to install a ceiling fan" or "how to paint".
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18 July 2024 | 5 replies
We are looking for now at B/C class neighborhoods where there are investors flipping and there is some room for growth.
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18 July 2024 | 1 reply
For commercial asset classes, local credit unions can often be an excellent resource for more complicated or unique property types.