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27 January 2025 | 6 replies
Quote from @Michael Smythe: @Jerry NoguerasRecommend 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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5 February 2025 | 5 replies
The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.
28 January 2025 | 7 replies
I work full time at a decent job, but have quickly learned that I needed to make some changes in my families life by securing our financial future.
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21 January 2025 | 6 replies
I am sorry, I am not good with a financial lingvo, could you please clarify?
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9 February 2025 | 3 replies
@Chase AlexanderRecommend 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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28 January 2025 | 10 replies
Another would be you are building other units next door/nearby and you can chalk this build up to the "learning curve".I didn't see a CFO on GLH or GLC's website, but I'm sure you have someone doing this type of financial analysis for your developments?
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24 January 2025 | 0 replies
Germany's resilience to global financial crises and its strong fiscal policies create a favorable environment for real estate investment.Moreover, interest rates in Germany remain at historically low levels, largely due to the European Central Bank's monetary policies.
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8 February 2025 | 35 replies
Had I scaled up in 2002 after buying my first multifamily, I'd have had a much larger multifamily portfolio during the great financial collapse and I probably wouldn't have survived it.
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17 January 2025 | 0 replies
We added value by furnishing the property, added 2 decks (one for a solo stove, and one for a large hot tub), improved the gravel driveway, mulched the landscape, and added a lot of string lights.
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22 January 2025 | 3 replies
And hopefully I can be financially independent by paying the mortgage down eventually.