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22 January 2025 | 31 replies
Regardless, you might find the copy & paste info below 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?
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11 January 2025 | 12 replies
You will learn the cost of maintenance/cap ex and how tenant quality plays a big role.
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21 January 2025 | 10 replies
Once you narrow it down, start with small jobs to test their reliability and quality before giving them bigger projects.Building a solid network takes time, but having dependable people on call is a lifesaver for your rentals.
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14 January 2025 | 1 reply
Most building codes and HUD standards require bedrooms to have windows for egress and ventilation.
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20 January 2025 | 9 replies
A few small touches, like high-quality linens and a welcome guide, can make a big difference.
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15 January 2025 | 0 replies
Streamline your communication process to secure quality tenants.Focus on QualityThe condition of your property matters more now than ever.
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17 January 2025 | 23 replies
They must provide quality service, or their clients won't want to pay the price.
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15 January 2025 | 3 replies
Are the units vintage quality with in-place rents $500/mo below current market?
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24 January 2025 | 0 replies
This is where you can significantly increase the value of the property by making improvements that attract quality tenants and justify a higher rental price.
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27 January 2025 | 29 replies
“Broker” is a legal term that often requires standardized coursework and a state license.