Charles Evans
New House Hacker
22 January 2025 | 13 replies
it was renovated from the studs up in 2019!
Leon George
New to BP Community
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?
Nick Connors
Young Professional Looking to Get into Real Estate Investing
31 January 2025 | 9 replies
Additionally, they should be helping with taking video walkthroughs of the location and the property, estimating renovations/scope of work, helping you learn neighborhoods, building your real estate team, etc.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
Then you'll need to build a team of contractors to handle renovations and to help with things such as property inspections.
Cameron Fowler
First Flip Financing / Low Cash
30 January 2025 | 6 replies
Hopefully you already worked this out.Aside from HML, there's also an option to do a live-in-flip, where you live in the house for a year and renovate it slowly.
Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------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?
Damon Diddit
Inheriting a problem tenant after closing
28 January 2025 | 5 replies
The property itself is a good deal, there's a lot wear and tear in apartment so will definitely need some serious renovation work, but mostly cosmetic.
Dillon Clark
Looking to hear someone’s local experience in starting out.
24 January 2025 | 3 replies
I renovated the home while 3 of my friends lived with me and paid my mortgage.
Augusta Owens
Planning my process
9 January 2025 | 5 replies
For instance if you buy a duplex and plan to significantly renovated it.
Nick Rivers
How to become an expert underwriting deals?
19 January 2025 | 11 replies
Plug in post renovation rent in cell E10..."