Travis Hill
WHERE/HOW DETERMINES PROPERTY CLASS (A, B, C)?
23 January 2025 | 21 replies
Is it as simple as driving around and figuring it out?
Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------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?
Daniel Vo
Daniel New Member Introduction
24 January 2025 | 16 replies
@Daniel Vo, sent you a message but I am proof that you can start in your late 30's and figure this all out while still serving and setting yourself up to grow even more when you retire from the military.
Nneds Ubani
Starting out wholesaling with little cash
30 January 2025 | 2 replies
I figure nothing in life is that easy.
Joshua Kavadi
Fix Flip in GA
30 January 2025 | 19 replies
🔥 Yes Trevor. talked to few agents,lenders,contractors, and checking out the properties, trying to figure the good contractor and deals as well.
Chelsea DiLuzio
New Member - Newbie Investor
4 February 2025 | 18 replies
My name is Chelsea DiLuzio and I am new to BP, and investing. 2025 is a year of big moves—literally and figuratively—for me, and I’m excited to be here!
Vina Merrill
In eating in Chattanooga
30 January 2025 | 2 replies
Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.
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?
Christopher Heidrich
Stuck in analysis paralysis and in the military
30 January 2025 | 7 replies
@Christopher HeidrichRecommend 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?
Landen Amann
advice for a reinvestment
21 January 2025 | 5 replies
However, if you are profiting over 6 figures, the property might be too expensive to live in order to truly house hack.