Jeff G.
What are some warning signs that an area is slipping from C class to D class?
7 January 2025 | 19 replies
Or try the reverse - rehab a property in a Class D Neighborhood to Class A standards and see what Class of tenant you'll get.
Jerryian Francois
CA N I US E A 203 K To Fund A Rehab In
31 December 2024 | 6 replies
He works with us often here in Chicago, but can service loans across the country!
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?
Brett Riemensnider
First Time Landlord - Tenant Placement In Minneapolis Area
13 January 2025 | 6 replies
Be sure to ask how, and how many of these a year do they do, how often, what listings do they have right now that you can look at, etc etc..
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?
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
A professional study, though more expensive, often identifies more deductions and is better for IRS scrutiny.
Steve K.
Insurance options for multi-family properties
27 December 2024 | 2 replies
Hey BP,I know this question has been asked often, but I've been struggling trying to find an investor-friendly insurance company.
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
In normal times i would think selling is typically the smarter financial choice, but at the current time keeping may have a significant finance (due to low interest rate) advantage.Here is a list of why adding ADUs in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.
Paola Astrid
Newark NJ Property Management s8
26 December 2024 | 5 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Sebastian Nadal
Greetings from Chicago
2 January 2025 | 13 replies
Before you move out in two years, see what niche of tenants you like, and see if you can market accordingly.