David Lewis
First Timer - Long Distance Investment?
29 January 2025 | 6 replies
@David LewisRecommend 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?
Michael Beirne
Section 8 BRRRR in Baltimore
22 January 2025 | 15 replies
@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------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?
Deirdre Lizio
Should you pick a property manager based on price or service?
17 January 2025 | 23 replies
They must provide quality service, or their clients won't want to pay the price.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
28 January 2025 | 17 replies
I’m talking about upper middle class quality furniture and furnishings withEVERYTHING included.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
30 January 2025 | 35 replies
Nobody is asking anybody to give up anything.What I am trying to ask is: from my experience, there is no positive cash flow that actually is really positive.
Lauren Merendino
Pre retirement Strategy
27 January 2025 | 29 replies
That's where good people live, and good people make good tenants.But before you put money down on a house, I would find a quality property manager.
Edreco Amos
Looking to get my first long term rental property | How is Miami's market?
29 January 2025 | 23 replies
Some people will say, "Take out a quality Insurance Policy and you will be protected."
Zachary Young
Where To Buy My First Rental Property
24 January 2025 | 55 replies
For the most part, due to interest rates, breaking the 1% cap rate still won't provide positive return after expenses.
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
Recently, I sold my position in a company due to an acquisition, which liquidated $750,000.
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 replies
So, make sure YOU understand the copy & paste info below: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?