Albert Gallucci
How do you detirmine the class of a Property
26 January 2025 | 7 replies
Below is some copy & paste info about our methodology:----------------------------------------------------------------------------------------------------------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?
Lilia Matlov
Investment needs to focus on the quality and potential of real estate
27 December 2024 | 8 replies
Focusing solely on numbers often leads to the purchase of low-quality properties.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Could be a business decision based on keeping long-term high quality tenants rather than risk the costs on turnover.
Ajit Singh
New Member - Serious Investor - ISO of a Mentor
6 January 2025 | 5 replies
From there, adding discipline will get you to where you want.Instead what you're doing is advertising you have money, no knowledge and are going to have the average BP RE agent(bottom of the barrel quality) come here to promote their services with no regard.
Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
24 January 2025 | 25 replies
High end vs mid range?
Leon George
New to BP Community
24 January 2025 | 13 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find 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?
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
Quality over quantity for me.
AJ Wong
What STR investors should expect on the Oregon Coast in 2025 and beyond
22 January 2025 | 2 replies
Historically, full service management on the coast has been costly but in recent months management rates have come down and quality has improved.
Kristen Haynes
Charlotte is expected to grow leaps and bounds in the next 25 years
25 January 2025 | 2 replies
“Few regions can match our economy, professional opportunities, affordability, location, and quality of life,” researchers said in a statement.Here are some of the highlights from findings.Growth projections in the Charlotte regionGrowth continues in MecklenburgMecklenburg County is currently home to 1.2 million people.
Ethan Gallant
Beginner looking to BRRRR in Canada
24 January 2025 | 5 replies
Even still, it could be said that I've still lost money due to my time on the tools instead of prospecting as a real estate agent (the cost of lost opportunity).If you can truly do 80%-90% of the work yourself (at acceptable quality levels) and you aren't sacrificing your time where you can get better returns for your efforts, then yes, it can work even up here in Canada.