
15 January 2025 | 7 replies
HUD targets average rents for an area, so just like average school grades, this typically translates to Class C property rents.In our Metro Detroit market, the MAJORITY of the claims about getting higher than market rents can be traced to a Class D Neighborhood/Property.

16 January 2025 | 11 replies
.- I've read about A, B, C, and D class properties.

17 January 2025 | 22 replies
@Martti Eckert here's the big issue that no one really talks about that you hopefully find helpful (this is copy & pasted):-----------------------------------------------------------------------------------------------------------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?

9 January 2025 | 0 replies
Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.

12 January 2025 | 4 replies
C & D neighborhoods in an around Cleveland would probably be what you want to do.

14 January 2025 | 17 replies
Quote from @Andrew C.: I have an STR in Niagara Falls and it does pretty well based on the purchase price.

14 January 2025 | 17 replies
They already lost some major players due to the state capping rates https://www.foxbusiness.com/lifestyle/california-insurance-c... will all insurance companies stop coverage, raise rates or reduce what they cover?

19 January 2025 | 18 replies
For example if you were to exit a new build in 5 years there may be no cap ex cost (i can think of few cap ex items that does not last 5 years - maybe carpet in class c and lower), just maintenance costs which would be fairly small.Best wishes

9 January 2025 | 3 replies
For (C) (ii), if parking spaces are "0", is "Identified as _____ and containing _____ parking spaces" left blank?

17 January 2025 | 35 replies
Originally posted by @Gilbert C Requejo:I'm looking for Propstream, does it have different post cards, like deal machine???