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Results (10,000+)
Abhishek Wahi Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------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?
Themis Kosmidis Cleveland based investor looking to BRRRR various assets for the long run
27 January 2025 | 4 replies
The time has come for me to start investing in real estate and before doing so i'm looking to build a strong and dedicated team of partners: agents, lenders, contractors and property managers mainly in the Cleveland area (but also open to markets within a 2-3 hr drive away) that already possess an excellent track record in their line of work and that value long term collaboration.
James Jones New Investor Scaling Through Care Homes and Assisted Living
20 January 2025 | 10 replies
Helping others navigate this unique and impactful business model has been a rewarding part of my journey.Now, I’m looking to scale by incorporating the BRRRR strategy—acquiring undervalued properties, rehabbing them to meet care home standards, and refinancing to reinvest.
Robert Spiegel Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
However, hauling away a truckload of items and cleaning beyond standard expectations could reasonably be charged to the tenant, as it goes beyond normal use.Goodwill Gesture: Since this tenant was great for 5.5 years—paying on time and caring for the property—you might consider waiving part of the cleaning cost as a goodwill gesture.
Chris Seveney Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
The lender just records the warranty deed and is the owner of the property.  
Simon Packman Multi Family insurance
30 January 2025 | 8 replies
My property has new roof and new sewer and all tenants have renters insurance.
Kris Lou PM Fees in Indy
30 January 2025 | 6 replies
@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)
Spencer Ware Retired NFL Player 2x SB Champ
27 January 2025 | 48 replies
Would like to become more savvy in the multi units properties realm separate from some of my commercial properties tenants who have excelled in that type real estate.   
Dave Gabruk Planning a Home Renovation? Think Beyond Design!
28 January 2025 | 1 reply
More than standard among design professionals- Architects and Engineers. 
Ofir R. 50K Cash, DSCR loan, where?
26 January 2025 | 3 replies
@Ofir R.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?