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3 May 2024 | 5 replies
---Our standard copy & paste about this is below, hope you find it useful:)Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
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3 May 2024 | 2 replies
I've been debating on getting my real estate license but I get such different advice from everyone.
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3 May 2024 | 7 replies
Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
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4 May 2024 | 35 replies
Personally, I wouldn't mind it if someone asked...now if it was demanding and/or continuously asking for things, that's a different story and can be annoying whether neighbor or tenant.
3 May 2024 | 2 replies
Keep in mind that if you register your company in a different state than you are doing business in, you most likely will need to register as a "foreign entity" in the state you are doing business in.
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4 May 2024 | 66 replies
Each states laws and procedures for tax deed sales are different and you need to understand the process.
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3 May 2024 | 35 replies
I don't see a different way for current entry level folks to afford a house.
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3 May 2024 | 25 replies
And most tenants will not hire a pro painter, but just do it themselves.....Not priming over old trim, sloppy paint, drips, etc...will just cost you much more to fix when they move out.Using a Licensed or professional painter that they pay for would be a different matter, then I wouldn't mind.
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3 May 2024 | 9 replies
Class B typically cashflows from purchase or within a year or so.Class C typically cashflow well from purchase, but has tenant performance challenges.Read copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
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4 May 2024 | 14 replies
I do not have any 1 BR STRs/MTRs but I have seen annual STR rents based on bedroom count in both my market (San Diego) and emerald coast (one of the markets I have made offers) and the difference in the income is substantial between 2 BR and 1 BR.