Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 replies
@Tove Fox hope you find this copy & paste useful:)-------------------------------------------------------------------------------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?
Ezra Avery
Hello & Thank You
7 January 2025 | 5 replies
@Ezra Avery you might want to read below to understand Classes of Property/Tenants.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?
Jason Mergl
Building a Team in Albany Area
14 January 2025 | 21 replies
If you have any questions feel free to send me a message and I'd be more than happy to help you get connected with some of these other essential people as well.
Clarase Mika
Community Living Arrangements: The Next Big Thing in Real Estate?
29 January 2025 | 0 replies
These properties provide communal adult living solutions, such as co-housing, senior shared housing, and group homes, offering both financial and social benefits to investors.With increasing housing demand, affordability challenges, and a growing aging population, portfolio holders may be missing out on a profitable and impactful investment.
Pierre Garcia
New to the real-estate game. Taking my first steps through bigger pockets platform.
6 January 2025 | 1 reply
Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.
Jeff Puciato
Buying Multi Family 4-12 Unit
29 January 2025 | 3 replies
Essentially anywhere other than Hartford or Waterbury.
Kyle Schachsieck
Thinking of refinancing
31 December 2024 | 10 replies
I was hoping the rate cuts in the last 12 months would have had more of an impact on mortgage rates.
Devin James
Listen to your clients & adjust accordingly
28 January 2025 | 0 replies
We’ve slowly been improving our homes the more we’ve built and the more feedback we get from our Buyers2021 – Added 8ft doors throughout the home2022 – Added a new elevation with stone in the front of the home2023 – NO carpet in the bedrooms, LVP throughout the home2024 – Added hurricane impact windows & new color options2025 – Adding Ceiling FansGotta be open to feedback and adjust accordinglyThis can be the difference of your home sitting on the market for 4 months vs 1 month
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
In other words, you will be taxed twice on the money that you do take out essentially.
Jorge Vazquez
Ever Had to Fight an Appraisal? Let’s Talk About It!
21 January 2025 | 1 reply
Using a recent example from one of my deals, I saw firsthand how inaccurate comps, misclassifications, and unfair adjustments could impact an appraisal by tens of thousands of dollars.I’d love to hear from other investors—have you ever had to dispute an appraisal?