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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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28 January 2025 | 12 replies
The location hasn't had a lot of demand which has made it challenging for him to find an end buyer.
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11 February 2025 | 18 replies
Just the other day I was able to close for a seller who is living in Taiwan and I'm located in Utah.
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30 January 2025 | 21 replies
If it wasn't for the fact we used it as ministry to support this young woman prior to this tenant, I wouldn't have done it.
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9 February 2025 | 3 replies
With that being said, if there are any agents or investors located in Western NY willing to let me learn from them, or simply learn more about them, I am willing to work something out and/or possibly work for free.
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29 January 2025 | 107 replies
Where are your properties located?
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12 January 2025 | 8 replies
Location, location, location.
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31 January 2025 | 26 replies
They are asking me to call them… see message below:“We are very interested in your property and would like more information, particularly about the proximity of the amenities to the location.
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28 January 2025 | 11 replies
Or you can violate various tax rules at your own peril and claim the current rehab was dne prior to TOD.
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11 February 2025 | 1681 replies
What market is it located in?