Isaac Terry
Investing Out Of State - Starting
22 January 2025 | 20 replies
@Isaac Terry 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?
John Keane
Where to find gap funds?
22 January 2025 | 14 replies
would you fund the OP at 75% in this environment?
Account Closed
Thoughts on using cash or HELOC for down payment on investment property
7 January 2025 | 1 reply
I recognize there are other ways I could invest this cash (including another property) but I am being mindful of levering myself out too much in the current environment where job losses are more common in my industry (tech).
Sean Kirk
Has anyone used Roofstock to invest?
12 January 2025 | 2 replies
I have not purchased property via their platform but I'd also note it's few and far between to try to find any deals that pencil in the current environment. 4-5 years ago one could find good cash flow with SFR properties.
Emily Shin
New in real estate
29 January 2025 | 22 replies
Yes, generally speaking, depending on tenant class, it's best not to get too friendly with your tenants.
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?
Shane Smith
Opinions on franchises
25 January 2025 | 8 replies
Usually most franchise models in other business environments have the whole package.
Tristan Kelly
First MF purchase in Cleveland OH
29 January 2025 | 11 replies
We don't recommend "newbies" start out with Class D properties.
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?
Christina Galdieri
1031 Exchange into multiple properties?
27 January 2025 | 6 replies
It does not have to be a one to one exchange or a asset class to asset class.