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8 February 2025 | 42 replies
@Kaleb JohnsonRecommend 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
@Amir PortalRecommend 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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13 February 2025 | 14 replies
WHat are these locations?
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14 January 2025 | 9 replies
Firstly, it often generates higher rental income compared to long-term leases, particularly in desirable locations or during peak seasons.
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8 February 2025 | 15 replies
One location and 4 rents How could you go wrong
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16 January 2025 | 1 reply
Continuing on the north coast, another idyllic vacation rental location is Pacific City Oregon.
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16 January 2025 | 6 replies
What is drawing you to that specific location?
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29 January 2025 | 12 replies
You'd want either an LLC in the state where the real estate is located or you can also just put it in your name and take out a good landlord's policy from Farmers, Erie, etc. which will protect your investment just fine.
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24 January 2025 | 1 reply
So buying the right location will become increasingly important here to protect you in the long-termFood for thought.
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7 February 2025 | 22 replies
In what zip code is the property located?