Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
14 January 2025 | 20 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?
Tristan Kublanov
How to get more leads
16 January 2025 | 3 replies
If you are new to the business the most common issue is you're either locking up deals too high or you aren't finding attractive deals.
David Shaun
Hit $200K in Cash Flow in 2024
15 January 2025 | 37 replies
A few things that newer investors should note:- it took 13 years to get there, you have to be patient- rents are high at about $1,750, so probably a quality neighborhood- looks like that is after vacancies, probably low turnover?
Chandra Faulk
How long does it take to find a qualified tenant?
27 December 2024 | 19 replies
Typically the quality of applicants in the winter months drops substantially as well.
Kyle Carter
Apartmetnts with all section 8 tenants
5 January 2025 | 7 replies
On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.
John Kim
Anyone Have Experience with Section 8 in Detroit?
30 December 2024 | 18 replies
Lots and lots of research.Price points also help, block quality, etc.
Isaac Terry
Investing Out Of State - Starting
15 January 2025 | 15 replies
Quality and risk in Cleveland and Akron neighborhoods will vary widely.
Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
My firend once had a client who did a high end remodel in a somewhat modest neighborhood.
Scott Trench
2025-2026 Might Be One of the Best Stretches to Purchase Multifamily Since 2010-2011
3 January 2025 | 8 replies
Goes back to that original thesis in a thread long time ago-- quality over quantity.
Elizabeth Orth-He
How do you handle STR laundry for larger properties?
26 December 2024 | 9 replies
Hi Elizabeth - I know how tough it can be to manage laundry for a 6BR rental, especially with high-quality linens and tight turnarounds.