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24 January 2025 | 13 replies
Otherwise, they will just end up ignoring you and you'll get frustrated. 3) Naive/newbie investors get burned all the time by only looking at the numbers - w/o fully understanding how the location/property/tenant will affect those numbers.- 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?
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27 January 2025 | 56 replies
This past weekend, the guests tripped the circuit breaker and neither the guest, host, or co-host knew how to locate and reset the breaker.
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25 January 2025 | 2 replies
Hey Jamie, I am actually a property manager located in Jacksonville, FL and work with several investors in the area.
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5 February 2025 | 16 replies
I'm not sure exactly where you're located, but according to HUD, the fair market rent for a 3-bedroom in St.
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27 January 2025 | 6 replies
Quote from @Michael Smythe: @Jerry NoguerasRecommend 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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25 January 2025 | 0 replies
This community is being built by GS Courtyard Homes, located out of Bedford, IN.
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22 January 2025 | 9 replies
I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.Any advice on this area?
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8 February 2025 | 14 replies
Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------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?
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23 January 2025 | 9 replies
I would recommend that you don't ignore it; repair the drywall, monitor it and see if the drywall cracks in the same locations again.
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28 January 2025 | 6 replies
I'm located on 14th and Cary, maybe we can connect!