Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
I applaud you for putting it out there but 1) maintenance/cap ex is far too low for a duplex 2) no PM. 3) vacancy at 1% will be challenging if achieving near market rent.
C.S. Bryson
Is this a good deal?? New to investing and seller finance and looking for advice :)
24 January 2025 | 17 replies
Will it pay the full PITI plus Capex, management fees, maintenance etc?
Ari Wertheimer
Innovative Net Lease SFR Strategy
8 January 2025 | 0 replies
They offer SFRs across the country (1031 eligible) that are fully triple net lease - meaning there's no costs to the homeowner, no vacancy liability, no unexpected repairs and maintenance, NOTHING.
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?
Sophie Sawyer
My experience with Sunrise Capital (Mobile Home Fund)
29 January 2025 | 68 replies
Ohh but wait most of you on here all probably well off and can afford to help out a relative.The other issue with SCI is that when they first took over their maintenance of the park was poor at best (snow plowing, grass mowing).
Mike Montanye
Deal Machine Customer Service
3 January 2025 | 14 replies
Don't worry about minor complaints, you are doing a fine job.Just one question, ALL sites have a delay in data from MLS updates, and from court reported information, and so on, is that a function of a monthly update routine or can the information be updated a little more frequently?
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro 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?
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
. - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
**Maintenance**: Be prepared for a bit more wear and tear compared to market-rate rentals.
Devan Praska
Anyone Use/Make a "Homeowner's Manual" For Single-Family Home?
5 January 2025 | 5 replies
I think it's great as it includes warranty information for appliances, type of hvac filter, light bulbs and general maintenance etc