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17 January 2025 | 0 replies
., financial info, property condition)?
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28 January 2025 | 10 replies
@Amir PortalRecommend 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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19 January 2025 | 2 replies
My biggest client today is a seller I didn’t even represent during his sale of a 24-unit building—he had another agent.
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6 February 2025 | 16 replies
A true recipe for financial disaster.
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29 January 2025 | 11 replies
What I disagree with is VRBO's blanketed take on pricing when it comes from a 3rd Party, which is something that was mentioned on the phone today.
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20 January 2025 | 31 replies
Over time, I’ve accumulated more cash reserves and don’t need as much flexibility, but I’m actually in the middle of a refinance right now using an interest-only mortgage—because the pricing with the lender and the corresponding ARM is more favorable than a comparable principal-and-interest loan.The key with these alternative or "exotic" mortgage types is that you need to be financially savvy and have a solid plan.
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24 January 2025 | 7 replies
I originally wanted to do a quad but financially I know I can’t fund a project that large, unfortunately.
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16 January 2025 | 0 replies
I incorporated smart home technology, such as automated lighting, heating, and security systems, which is highly desirable in today’s market.
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7 January 2025 | 9 replies
@Kris Lou Be careful with agents as 95%+ of them really only know how to handle owner-occupied transactions.We don't do biz in Indianapolis, so this is unbiased info we hope you 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?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3007212/small_1714201646-avatar-emilys317.jpg?twic=v1/output=image&v=2)
29 January 2025 | 22 replies
As you might already know, house prices in New York are extremely high, which makes it financially difficult for me to try house hacking here at the moment.