Serge Hounkponou
New member from Indiana
7 January 2025 | 4 replies
@Serge Hounkponou Recommend you first figure out the property Class you want 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?
Chase Calhoun
Build to Rent- BTR
26 January 2025 | 15 replies
Personally, I find BTRs to be more predictable with fewer ongoing maintenance issues, and they tend to attract high-quality tenants.
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
Again, this is due to how long it was taking to get work done, the quality and lack of communication (I'm happy to post examples as well), and frankly, the quality of work expected once I realized how many things I was not told about before the purchase.However, you did not offer in any way to address issues left by the prior tenant and made it clear that it was my responsibility.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
How have you identified quality contractors and kept them on pace?
Murtuza Khoja
Considering buying a STR in Kissimmee
29 January 2025 | 3 replies
Some theming is basic and some is overdone, try to be unique or at least high quality, not a place you want to skimp.
Kaleb Johnson
Best Area For Starting Out
30 January 2025 | 40 replies
@Kaleb JohnsonRecommend 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?
Jason B.
Suburban Chicago: One of the Hottest Rental Markets in the U.S.!
15 January 2025 | 10 replies
The combination of families looking for more space, good schools, and a quieter lifestyle has been a big driver of demand.For my investments, I’ve noticed:High tenant quality: Families or professionals relocating to suburbs like Naperville and Wheaton tend to stay longer, which helps with stability.Increased competition: It’s definitely tougher to find good deals, especially in top-tier school districts.
Lauren Merendino
Pre retirement Strategy
27 January 2025 | 29 replies
That's where good people live, and good people make good tenants.But before you put money down on a house, I would find a quality property manager.
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
Are their listings detailed with good-quality photos?
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Lowering your standards invites expensive evictions and repairs.