Abhishek Wahi
Question About Location: Plymouth Michigan
19 January 2025 | 3 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?
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Theres a calcuation to make there to see how that. impacts your net return.2.
Rick Wood
Rent to Own Or Co-sign??
13 January 2025 | 2 replies
Another option is to co-sign but that has the same impact on my credit and responsibility to the bank.
Leon George
New to BP Community
21 January 2025 | 12 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------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?
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
@Tayvion Payton here's some useful info: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?
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
If you want to help the poor, force them to learn financial management and get up and get to work.
Tyler Munroe
New MA ADU law can be a gamechanger!
21 January 2025 | 3 replies
I didn't follow the impacts on the housing market though.Great website.
Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
Once it's rented, use that rental income to help offset your DTI, which may help you qualify for the second property sooner.Partner with Investors: Team up with someone to split costs and lower your personal DTI impact.
Jeremy Beland
This $200k Profit Deal Was Almost Lost Over an Eviction Battle
15 January 2025 | 7 replies
It’s hard to fathom why they would give people like that 9 months and then force the landlord to pay for them to move and get storage on top of it too.
Carlos Amaya
REI Education & Networking event – Charlotte NC - The Cash-Flow Breakfast Club
4 January 2025 | 0 replies
A community of growth oriented, abundance mindset, go-giver individuals with a BARE MINIMUM commitment to become financially free through real estate investing.We focus on providing education and building networks to help every member solve their cash-flow freedom equation, so they can have the time-freedom needed to follow their passions, make a lasting impact and even change the world!