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18 January 2025 | 19 replies
- Each Housing Commission sets their own rent rates, based upon market rents for Class C properties in their area.You should be able to find an online list of S8 rents per bedroom for your area.
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11 January 2025 | 6 replies
@Rafael Ramos All your goals contradict each other:(1) Cashflow: buy Class C & D properties2) Appreciation: buy Class A & B properties3) Low Crime: buy Class A & B properties4) Why would you want your investments to lose money to lower your taxes?
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7 January 2025 | 4 replies
If you use it as several down payments and use leverage you could be off to the races with many more Class B or C units that will still cash flow for you.
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3 January 2025 | 6 replies
Meaning, a Class C Neighborhood will have majority of Class C properties, but there will still be some Class B and some Class D.
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11 January 2025 | 7 replies
This requires an independent appraisal valuing the property at $400k and proper documentation from the seller confirming the $200k donation.Ensure the church is a qualified 501(c)(3) entity, and consult your tax professional to comply with IRS rules.
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10 January 2025 | 8 replies
(c) Minimum front yard: 30 feet distance from front property line to building.
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19 January 2025 | 61 replies
If the place is vacant, you are still taking that money out of your own pocket.I don't disagree with having a strong cash position; most of my properties are f&c.
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12 January 2025 | 20 replies
@Tayvion Payton here's some useful 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?
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7 January 2025 | 5 replies
@Amanda Bradley Tenant sounds like typical Class C with a credit score under 620.How hard was it to find this tenant?
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12 January 2025 | 23 replies
I also invest in a B/C area with an average purchase price of $80k.