Augusta Owens
New member and new to real estate
7 January 2025 | 12 replies
@Augusta Owens here's some copy & paste info you won't find in a book:)-----------------------------------------------------------------------------------------------------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?
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
However, we did have a tenant who stopped paying, and because of how impacted the eviction courts were, it took 6 months for him to get evicted.
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 replies
@Ethan Slater here's some info we hope you find useful: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?
Anthony Gallagher
New landlord Policy Insurance Inspection in Brooklyn
20 December 2024 | 3 replies
Just having an extra kitchen doesn't impact insurance eligibility.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
It will be interesting to see how Kentucky's economic growth impacts these areas.
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
Make sure you know the impact that adding an ADU will have on any rent control. 12) investors seldom include the land value in the overall ADU costs.
Marc Shin
does my STR need small trash can in each room?
20 December 2024 | 12 replies
Guests appreciate functionality more than anything, so as long as they’re clean and do the job, you’re good to go.Little details like this can make a big impact on guest satisfaction.
Torrean Edwards
TR, I am an investor from Milwaukee.
27 December 2024 | 27 replies
One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------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 Class A property in Class D area, what quality of tenant will you get?
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
Could someone summarize what it is and what the impacts could be?
Dan Attivissimo
Aspiring new investor
28 December 2024 | 11 replies
Also, consider this copy & paste advice below: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 Class A property in Class D area, what quality of tenant will you get?