Rohit Dhing
Seeking Guidance on Sewer Backup Issue – McAllen, TX Rental Property
4 February 2025 | 6 replies
the company I went with was 12k and performed high quality work.
Benjamin Ying
First time investor needing some confidence!
5 February 2025 | 54 replies
You may not need to visit each property you buy in that area though.4) Unless you are buying Class A turnkey, you should have a PMC.5) See below copy & paste info:-----------------------------------------------------------------------------------------------------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?
Luis Herna
Can a Licensed Real Estate Agent out of state represent a buyer
22 January 2025 | 6 replies
Find a quality agent in Texas, then ask them if they offer a referral fee.
Ezra Avery
Hello & Thank You
7 January 2025 | 5 replies
@Ezra Avery you might want to read below to understand Classes of Property/Tenants.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?
Barbara Potts
Interest in self storage syndications
22 January 2025 | 13 replies
No syndication experience but there are about a dozen quality RV/Mobile home parks on market in Oregon, several with owner carry options that can be passiv-ish with management in place.
Michael Johnson
1.5M Property in Wicker Park, Chicago for 30K down
7 February 2025 | 10 replies
I decided to take a lower CoCr for stable, high quality tenants and have zero regrets.
Jarret Jarvis
Should You Self-Manage or Hire a Property Manager for Your Chicago House Hack?
31 January 2025 | 2 replies
.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.
Brandon Cormier
How did YOU get into your first commercial multifamily deal?
29 January 2025 | 4 replies
Harder to cash flow due to 25yr am vs 30yr standard.
Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------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?
Simon Packman
Multi Family insurance
30 January 2025 | 8 replies
If you've done a complete renovation—say, updating a 60-year-old building to 2025 standards—their quote could be outstanding.