Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
@Tayvion Payton here's some useful info: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?
Sofia De Santos Tavarez
How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".
Anita Z.
How do you screen an STR tenant ?
25 December 2024 | 22 replies
If so, how do you trust you're getting a quality tenant that is safe?
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
Every customer is assigned to a group of team members there and I imagine each team varies slightly in quality given the human element!
Michael Florkowski
Union Carpenter getting started in the world of real estate!
27 December 2024 | 8 replies
Based on the quality of this particular home, my rent estimate may be low.Note: you have to consider other factors.
Dan Attivissimo
Aspiring new investor
28 December 2024 | 11 replies
Also, consider this copy & paste advice 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 Class A property in Class D area, what quality of tenant will you get?
Robin Cloud
Three Applications...who to choose??
27 December 2024 | 13 replies
You want not only qualified tenants (credit score, income, background checks, etc.) but quality tenants.
Torrean Edwards
TR, I am an investor from Milwaukee.
27 December 2024 | 27 replies
One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------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 Class A property in Class D area, what quality of tenant will you get?
Edward Toomey V
5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
Also, SAAS platforms are supposed to include support and service (that's the last S), but the quality varies greatly from company to company.