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28 March 2021 | 22 replies
There are good PMs for A class investments but they would probably make terrible PMs if you are investing in lower end properties or doing section 8s.
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28 January 2020 | 8 replies
For sake of complete transparency, in Maryland I completed the classes online, joined Coldwell Banker and I am a member of the National Association of Realtor which I recommend:Real estate courses = $225 (PDI Training - one time)License fee = $91 (every 2 years)Realtor association fee = $721 (annual)Coldwell Banker Error & Omission insurance = $765 (annual)MLS initiation fee = $250 (one time)MLS fee = $492 (annual, paid in quarterly due)Sentrilock access card fee = $169 (annual)TOTAL - $2,709.This will vary by state of course, and by brokerage.You'll have some continued education costs as well to keep your license active.
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29 January 2020 | 16 replies
Not sure how they're cash flowing except in C-D class neighborhoods.
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19 February 2020 | 6 replies
I’m looking for a class C+ or above neighborhood to invest in that would give me a 10% return. 3 beds , 2+ bath 2 car garage with a minimum of 1,500 square ft. under 130k.
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4 February 2020 | 4 replies
This is super local and asset-class dependent.
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28 January 2020 | 8 replies
I have had great results in the C class and very bad results in D.
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28 January 2020 | 4 replies
The houses on my street are smaller 2-3 bedroom B-/C class.
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27 January 2020 | 2 replies
@Delvon A Byrd, one option would be to map out your objectives (active vs passive, asset class, geography) followed by your constraints, (time, experience, capital) and let that inform the answer?
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1 February 2020 | 10 replies
In that same time, I have bought and rehabbed 15 properties, all of which are cash flowing nicely and have actually appreciated around 30%, which is saying something considering they are Class C.I am currently under contract to purchase a residential 4-plex and a 10,000 sq ft commercial warehouse.
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17 February 2020 | 7 replies
Personality: Very strong discipline and work ethic, smart, analytical, detail and numbers oriented, currently improving a weakness of time management and getting lost in the details and getting better every day.The plan: Flip as full-time as possible while: Flipping one house at a time to start so I don't over-leverage in case something goes wrong Hiring out as much work as possible to focus on the big-picture process, plan for the next one, and maximize the pace of flipping, learning, and scaling Target C class houses and neighborhoods in Kansas City, MO (maybe 60k-100k ARV to start).