Hi everyone,My rental property is a SFH (class A) in a great neighborhood and in the coastal region of the Bay Area known for outdoor spaces, nature and great quality of life.

We are focused on repositioning class B & C properties in A & B class areas.

I looked into the cost and requirements and it only required 40 hours of class time and can be done for under $500.

@Talha Parvaiz  Chicagoland area is such a GIANT market that its hard to make blanket statements w/out focusing on a certain zip code and/or asset class. 

Certain asset classes will attract certain qualities of tenants. 

Greetings BP Family, I remember when the Corona Pandemic first began, there was so much talk about all the opportunities to come, the lowering of housing prices, the sea of foreclosures to come ect....Quite Contrarily, Ive noticed that it has only made things worst and more competitive for buyers, once again giving the power to the seller.Some observations:Prices have gone up- I saw a house that was listed two months ago in probably a F class neighborhood relisted for 25,000 more this weekThere was already low inventory, so now that there are even less homes for purchase...folks may have to fight over the few availableAuctions are suspended so this is one less route to explore.

It is in a trendy neighborhood in Nashville that was at the time about 50% of the way through turning over from an old working class neighborhood to lot of 'tall skinnies' that attract young professionals.

You still need to take the state portion of the exam and classes.

Buying b-class turnkey multi-family in a stable market with good appreciation but low equity?

Full time educator that runs her other real estate school- Brokerage has own app where we store training videos and guest speakers from our events- Mentoring program for new agents to shadow experienced agent- Brokerage creates template personal site for me- 2 education classes/month via Zoom- 1 Sales meeting/month for education & motivation- 1 meeting/month on technology use, a staff member that deals with IT needs- 70/30 Split- $355 Annual Office desk due- 2% Transaction fee- No lead production, produce own leads, repeat & referral- 223 current & pending listings- Have had new agents close 20 homes in first year and other only 6 homes; variesBrokerage C:- This is Keller Williams, so probably pretty standard and y'all are familiar with them, I'm sure- Within my region: Own 12% of all inventory; 600 to 900 active listings and closed just under 3,500 homes last yearBrokerage D:- 21 agents in local office- Momentum Program for training- 95% commission paid on a transaction, fees included but you choose how much you want to spend (private office/shared office/WFH office,- Brokerage does not provide leads but can obtain leads from sister brokerage, no cost- Currently 82 listings, 50 active, states it is currently a seller's market- Goal is to sell at least $2,000,000 per year- Average sale price for last 90 days (8 properties) is $260,400Brokerage E:- Training videos available- Weekly sales meetings- Ninja sales training 2-3/month with Q/A's- Offer a one-on-one mentorship program for new agents- Mentor and I would split commission 50/50 first couple of transactions or when I'm ready to go solo- Lesser degree mentorship for 75/25 commission- $46.50/month Brokerage fees Plus $25/month on E's&O's- Own website on brokerage webpage for $10/month- 70/30 Commission split; 95/5 for sale milestones- Once you pass $5M in sales, you're still on 70/30 split until you pay out brokerage $20,000, which in turn split becomes 95/5- 3% broker fee each transaction with $3,000 cap- Can provide leads by signing and paying up for different things (ICC/OPCity/Buyside)- 255 active listingsBrokerage F:- Extensive 6 week onboarding process for training- No monthly fees; biz cards/signs/lockboxes/marketing all paid for- Provides leads- 2 CRMs that hold database of your clients- Usually 100 listings at any given time, lower now because of Covid- Minimal standard to remain with company is 24/year.