3 May 2024 | 11 replies
Regarding remote managing, in our 24 years of experience, dealing with hundreds of investors, what we've had to bail DIY Remote Investors out of is mostly Class C properties with some Class B.So, in our opinion, one can remote manage a Class A property fairly easily if you are organized.Class B requires more organization and knowledge, to avoid tenants taking advantage of you.Class C should NOT be done DIY - hire a PMC!
2 May 2024 | 17 replies
.+ I’ve surveyed the forum a lot about which are the good parts in Toledo to invest (different people’s views on A, B, C class areas etc.) and I can say that my properties are located in good neighborhoods (one is B class, other one is like A-, B+ish).

2 May 2024 | 8 replies
I'm looking at a sizeable quad over there at the moment, but so far I've only invested in B neighborhoods.

2 May 2024 | 3 replies
After paying debts, they have $4,000 left, but they have to handle the expenses of four people, including growing children.EXAMPLE B: Single 70-year-old making $4,000 a month with no debt.

2 May 2024 | 3 replies
Scenario B : a ground-up development of two legal units plus two ADUs, all detached.

3 May 2024 | 32 replies
It particularly irks me because a) they have people wanting to use their site and b) I don't trust Airbnb's guest-forward policies so I refuse to list my MTRs there.

2 May 2024 | 15 replies
Here's a good rule of thumb regarding how lenders feel about credit scores for DSCR using our school analogies:- 680 (B-)- 700 (B)- 720 (A-)- 740 (A)- 760+ (A+)Every 20 points in either direction will increase or decrease your rate.

1 May 2024 | 4 replies
. - Uses permitted.SHARE LINK TO SECTIONPRINT SECTIONDOWNLOAD (DOCX) OF SECTIONSEMAIL SECTIONCOMPARE VERSIONSNo land, body of water and/or structure shall be used or permitted to be used and no structure shall be hereafter erected, constructed, moved, reconstructed or structurally altered for any purpose in an RU-2 District which is designed, arranged, or intended to be used or occupied for any purpose, unless otherwise provided for, excepting for one or more of the following uses:(1)Every use permitted in RU-1, RU-1M(a) and RU-1M(b) Districts.(1.1)Workforce housing units in compliance with the provisions of Article XIIA of this Code.(2)On lots meeting the requirements for two-family use, every use as a duplex or two-family residence, including two private garages.

2 May 2024 | 7 replies
@Chris Good logically, it depends on the Class of the property/tenant.Class A property/tenant: annually BEFORE lease renewal, to make sure they are taking care of the property and you want to renew.Class B property/tenant: at least annually, maybe bi-annually depending on "vibe" from tenant.Class C property/tenant: at least bi-annually, maybe quarterly.