Martti Eckert
Long Distance BRRRR in Ohio
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?
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
@Tayvion Payton here's some useful info: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?
Trevor H.
How to Appeal Property Tax Increase
8 January 2025 | 6 replies
I can tell you a lot more but don't expect it to help.
Logan Rhea
Thoughts if this property flip Scope of work is too low
23 January 2025 | 5 replies
Here are key adjustments:Kitchen ($50k): Likely $60k-$70k for custom cabinetry, quartz, and premium appliances.Bathrooms ($40k): Expect closer to $50k-$60k for four bathrooms with high-end finishes.Flooring ($20k): Likely $25k-$30k for engineered hardwood, refinishing, and tile.Exterior ($12k): More realistically $15k-$18k with landscaping and a quality front door.Misc.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
These guru's pitch get rick quick with no money down, so people "want to be investors" but fail to start because they had unrealistic expectations from day 1.
Luke Tetreault
2 years in, Growing Pains! What's the Strategy?
14 January 2025 | 9 replies
Rank every property you own from worst to best in expected capital expenditures4.
Logan Jamieson
Frustration with current market: Seeking wisdom, encouragement, lend me your tenacity
2 February 2025 | 15 replies
All you can do is work with what you know now and what is a reasonable expectation for the future.
Ernest Ho
Emotional Support Animal / Service Animal
19 January 2025 | 18 replies
We expect a tenantwith an animal to do their part to combat fleas and ticks.
Alec Dressler
How to Determine Public Interest in my Future Airbnb
7 January 2025 | 1 reply
You could reach out to a few Property Managers in Salt Lake City to see if any of them would be able to give you advice for the area, as they would be familiar with the region and what to expect from the investment!
Desiree Rejeili
What To Save for When Buying a Home
9 January 2025 | 0 replies
Because, when you understand what to expect, you can plan ahead.