Michael Mille
Growth & Development in Scranton
29 November 2024 | 3 replies
I'd put it as Class B area for the most part.
Elisha Johnston
Cleveland and/or Columbus area
7 December 2024 | 33 replies
I'd look at B class areas there.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
The property would be in a C+ to B- type location, with cash flow as the main objective and appreciation second (75/25 split).
Kathy Diamond
Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
Quote from @Bill B.: Because the cost of roofs, ac units, water heaters and so on don’t care if you collect $600/mo in rent or $3,000/mo.
Mike Tikh
How to choose a location from the US?
2 December 2024 | 35 replies
@Mike TikhRecommend 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 Class A property in Class D area, what quality of tenant will you get?
Brandon Morgan
payment methods for tenants
28 November 2024 | 15 replies
For A/B class tenants that may be ok most of the time, but many tenants are paycheck to paycheck especially in cash-flowing markets.
Dev Patel
H1-B, Short-Term Rentals & Tax Benefits
12 November 2024 | 6 replies
Hello Ashish, as H-1B visa status doesn't permit in active jobs other than their employer. .
Matthew Mclean
Do I accept a Housing Voucher?
11 December 2024 | 29 replies
For me A or B grade means that you can get a tenant with a 700 plus credit score with an income well above the minimum threshold.