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27 October 2024 | 13 replies
@Renee CossRecommend 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 Class A property in Class D area, what quality of tenant will you get?
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31 October 2024 | 15 replies
@Kelsey Vander Meulen unless you have a great team lined up, especially someone who can address a burst pipe or damaged roof late night or on a Sunday, hire management.
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31 October 2024 | 8 replies
The tenant has caused damage and broken the lease so she is going to vacate in December.
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28 October 2024 | 23 replies
I mean, they are technically a squatter themselves so why not just put another squatter in that will make them miserable wow keeping them from damaging the property who will then vacate the property whenever that one’s gone.
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23 October 2024 | 1 reply
I had a tree (the neighbors tree) that fell on the roof of my rental and damaged it severely so now I have to change the whole roof.So during the hurricane I had an insurance called Citizens, but right after the hurricane they switched me to a different insurance (Slide)...Will you please help me with my questions:1) My coverage was for a policy that is not a rental but partially owner occupied (its a duplex), because I lived there but then moved out and did not switch the coverage to a rental.
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30 October 2024 | 16 replies
Here's some copy & paste advice 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 Class A property in Class D area, what quality of tenant will you get?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2785028/small_1694698409-avatar-chrish1236.jpg?twic=v1/output=image&v=2)
26 October 2024 | 2 replies
That makes me think that landlords see that and are influenced to raise rents to that number.
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30 October 2024 | 12 replies
Did it sustain damage?
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1 November 2024 | 9 replies
It could be possible that he is an honest guy and just using outdated marketing methods which is DAMAGING his brand and reputation.
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2 November 2024 | 22 replies
Two or three years ago we had a storm that shut the entire season down and caused significant damage to people's property and streets.