![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164668/small_1736003234-avatar-sergeh6.jpg?twic=v1/output=image&v=2)
7 January 2025 | 4 replies
@Serge Hounkponou Recommend you first figure out the property Class you want 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?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1089631/small_1621508706-avatar-matthewm415.jpg?twic=v1/output=image&v=2)
7 January 2025 | 6 replies
It was bought in 2004 and due to financial issues, I believe ~$197k is still owed on the mortgage.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/184593/small_1683201988-avatar-john05261.jpg?twic=v1/output=image&v=2)
6 January 2025 | 4 replies
I did all of mine several months ago as they are single member LLC;s and I already have to go through fingerprinting, background checks for my NMLS license as well as audited financials for our fund.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3081478/small_1721590726-avatar-ketchb.jpg?twic=v1/output=image&v=2)
8 January 2025 | 6 replies
@Ketch BaysStarting small in a cash-flowing market is a smart way to gain experience and build confidence without overextending yourself financially.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/165587/small_1621420702-avatar-asilang.jpg?twic=v1/output=image&v=2)
3 January 2025 | 2 replies
Community engagement: Homeowners have a greater financial stake in their neighborhoods and are more likely to invest in their local communities.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3163125/small_1735697077-avatar-sebastienl10.jpg?twic=v1/output=image&v=2)
6 January 2025 | 3 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2885953/small_1723578928-avatar-kylec613.jpg?twic=v1/output=image&v=2)
3 January 2025 | 5 replies
Moves risk to be financially covered by insurance hypothetically.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3161020/small_1735238392-avatar-sebastiann20.jpg?twic=v1/output=image&v=2)
7 January 2025 | 6 replies
You could, for the purposes of verifying that you are not renting to someone who is potentially dangerous or financially incapable of shouldering the burden of being a roommate, ask them to apply through Zillow so that you can see their background check, that also gives you the opportunity to have others who might be interested in being your roommate as well, apply.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1041307/small_1694844006-avatar-leong13.jpg?twic=v1/output=image&v=2)
10 January 2025 | 67 replies
Apartments, Student Housing, Self Storage, Commercial, etc.The SEC classifies a DST as a security so they must be purchased from a financial advisor.The costs very A LOT by financial advisor and DST Sponsor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2860045/small_1697736377-avatar-kathyc109.jpg?twic=v1/output=image&v=2)
23 January 2025 | 15 replies
Our underwriting focuses primarily on the property's return on investment and/or cash flow, rather than personal financial details.