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3 January 2025 | 6 replies
Fund higher quality cosmetic / light rehab for durability and dignity for tenants.
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30 January 2025 | 56 replies
Quote from @Michael Smythe: @Zachary YoungRecommend 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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3 January 2025 | 8 replies
Goes back to that original thesis in a thread long time ago-- quality over quantity.
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11 January 2025 | 20 replies
If pool in ground is not an option or not in your budget, a quality above ground one could be a good route to go.I would definitely make sure you have an appropriate coverage.
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7 January 2025 | 5 replies
The quality of available tenant varies drastically depending on the neighborhood.
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15 January 2025 | 15 replies
Also North Providence is a great area, so you should have no problem finding quality tenants.
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2 January 2025 | 2 replies
I don't know how difficult of a task this would be, but suspect it would make for better quality forum content.
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7 January 2025 | 7 replies
Did have high quality photos/ great listing title and description?
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17 January 2025 | 27 replies
If you offer high quality affordable housing, you'll always find and magically attract good tenants.
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26 January 2025 | 51 replies
i invest via 50/50 partnerships. i find/coordinate/manage the deal, and my partner brings the capital to the deal & approves large expenses. on their end, it's just about as hands-off as investing in a syndication, but they get to be one of just two main 50/50 decision-makers. and when there are just two parties involved in a deal like this, vs it being diluted across tons of investors, i find it's also possible for the capital partner to see much higher returns. when it comes to teaming up in real estate i'm much more relationship-based and less transactional. i'd rather do fewer very high-quality, carefully selected deals, each with just one capital partner, so that i can really serve that person's best interests and get us amazing results, vs. doing a bunch of diluted deals. i also feel a lot of syndicators out there are newer to the game, lack experience, haven't used their own money enough, and don't use their investors' dollars with enough caution. it gives the high quality syndicators a bad name.