Vinay M.
What's it been like investing in Columbus? Where should I invest?
19 January 2025 | 10 replies
The properties that I like the best are typically in the B/B- neighborhoods.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
11 January 2025 | 50 replies
We placed our biggest bet on a single property, class B shares.
Leon George
New to BP Community
12 January 2025 | 11 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------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?
Mark Sullivan
Add to the Portfolio or Swap
20 January 2025 | 12 replies
Quote from @Mark Sullivan: Quote from @Tim Delaney: One missing piece of info here is how much cash you have available to invest at the moment.My initial thought was sell LLC B and hopefully you have a few hundred thousand available on top of that to buy the new building.
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
Quote from @Jack B.: I understand they have a little bit higher interest rate, but what are the risks of DSCR loans?
Brett Coultas
New member introduction and host financial question
15 January 2025 | 6 replies
So, make sure YOU understand the copy & paste info below: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?
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
Quote from @Sofia Komrskova: @Eric GerakosThere are A and B neighborhoods in Detroit and Cleveland as well.
Polat Caglayan
C class or not how can ı understand
11 January 2025 | 2 replies
Class B: These apartments are built between 10 and 20 years ago.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
Focusing on A-B areas and taking a hands-on approach definitely helps with maximizing cash flow and equity.
Edgar Duarte
should I sell NOW to avoid taxes or hold it for appreciation?
20 January 2025 | 2 replies
Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?