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23 January 2025 | 15 replies
Our Google reviews boast an almost perfect rating, and as Hannah pointed out, our NPS score falls within the "world class" range!
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6 January 2025 | 57 replies
And, with other strategies 50:1, 100:1, 10,000:1 is all realistic. 4th and final: Tax advantages left right and center in real estate.
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6 January 2025 | 2 replies
@Shakthi Kamal read copy and paste advice below.For cashflow, you'll be looking at mostly Class C properties/tenants.Be SURE you UNDERSTAND what this means or your expectations won't match reality!
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12 January 2025 | 12 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!
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12 January 2025 | 23 replies
So your $10k could get you a property but what you don't think about is the tenant class is lower and the ups and downs are more frequent.
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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?
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7 January 2025 | 3 replies
As you said, this allows you to track LLCs (locations) and properties (classes and/or customers).
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9 January 2025 | 13 replies
I also agree, that income is not a protected class.
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22 January 2025 | 8 replies
Beyond real estate investing, BiggerPockets Money has great episodes on how to avoid the middle class trap with your investments - ie how to structure your investment best so that they're not all locked up in accounts with penalties until you're 65.
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23 January 2025 | 10 replies
The lower the class area the higher the cashflow you should be receiving.