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8 February 2025 | 1 reply
Again this is based on no major renovation/improvements if the house was acquired in bad condition.
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8 February 2025 | 13 replies
Huntsville, in particular, has strong job growth, steady appreciation, and a high demand for quality rental homes.
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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?
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24 January 2025 | 2 replies
These qualities are far more valuable than the numbers in your bank account.7.Set clear goals.
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20 January 2025 | 33 replies
So an identical neighborhood (income, crime, school quality, etc.) can cost you as much as a $100k less on the South side simply because your neighbors are brown or black as opposed to white.this right here is the gem advice.
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23 January 2025 | 10 replies
First, it fast-tracks your learning as an investor - you are forced to develop better time management skills, build your network of reliable contractors/ handymen, etc..Second, when you are ready to transition to a property manager, you are well equipped to evaluate and hire the right company.3.
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8 January 2025 | 14 replies
The list goes on.For mission-critical items, you want quality, not cheap.
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27 December 2024 | 8 replies
Focusing solely on numbers often leads to the purchase of low-quality properties.
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23 January 2025 | 15 replies
Dwelling (Building coverage)The limit should be based on the Replacement Cost of the building (cost to rebuild withthe same kind and quality excluding the foundation)2.