I'd consider our building a Class B.

@Karl B.

- Acquisition Fee - 1% of Purchase Price- Asset Set up Fee - $8,500 total- Asset Management Fee - 3% of income- Disposition Fee - 5% of difference b/n purchase price and eventual sales price- Mortgage Guarantee Fee - 1% of amount guaranteed- Financial Services Fee - 5% of capital contribution of each limited partner- 65/35 Split: After investment repaidThank you in advance!!

If you have $25k in cash I would take that and purchase a $100,000 duplex in a B-Class area using a 30 yr mortgage.

I wish I would have bought a fourplex in a class A or B location in KC when I was your age.

Normally you need to find a bread and butter B class neighborhood to make money in real estate.

I am trying to figure out whether the quality of renters and level of crime in the area would make it a good place for Class B quality buy and holds.  

https://www.instagram.com/p/B-xDg-Kj8T6/

Hi BP Community,Does anyone have any experience with buying or selling a NYC class B SRO building in NYC and SRO conversion? 

@David B.