Celine Besson
Managing a renovation from afar
14 January 2025 | 6 replies
Hire a property management company who will manage it for you.
Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
@Thomas FarrellRecommend 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?
Nilusha Jayasinghe
Property reserves and personal efund locations
16 January 2025 | 12 replies
Both properties are in A areas with great tenants.
Louis Hamilton
HELOC Best Option - Rental Property
15 January 2025 | 6 replies
Quote from @Louis Hamilton: The property is worth around 800,000 and has no mortgage on it.
Emira K.
Best area to buy rehab property in Philadelphia?
17 January 2025 | 7 replies
I found this one on realtor.com by doing a search that only showed me properties with asking prices no higher than $150k
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro Detroit market: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?
Chris M.
Questions about putting property into an LLC for asset protection
18 January 2025 | 3 replies
What are you protecting your property from?
Muhammad Kashif
Best way to optimize taxes for new construction of investment property (for flip)
20 January 2025 | 3 replies
@Muhammad Kashif Flipping a property in 6–9 months results in short-term capital gains, taxed as ordinary income (up to 37% federally, plus NJ state taxes up to 10.75%).
Jarrod Ochsenbein
My 4th rental property is now under contract
17 January 2025 | 12 replies
do you acquire these properties off the MLS ?
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 replies
@Tove Fox hope you find this copy & paste 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?