Vince Fong's AB 1922, which would eliminate the franchise tax on small businesses.

If you project a,b,c has to happen to hit your going in buy metrics and it doesn't then you are saddled with a bunch of debt for a property that is just doing above break even.Some markets like Cali or New York prices went way up even though very little cash flow so equity growth was the payoff versus cash flow.

I would say Hickory Hills is a "B-" area.

I am a 24 year old college grad with a BS in Criminal Justice.

Birmingham is blessed with A, B and C markets.  

For you folks not in Texas, what John means is "CD" areas where there's not great schools and not the best crime rate, don't even bother doing a lease optionIf you want to deal with nice owners that are intelligent, well-educated, they want to sink their feet for five years or more in a good neighborhood, good schools, go into "AB" areas and go after expireds, landlords, listed houses, for sale by owners, and talk to "we buy houses" people that have leads that are thrown away due to low equityIf you get the product right meaning a four bedroom two bath, quiet street, something that people really want, then filling it with the tenant buyer is quite easy, and making your 3 to 5% is a lot easier if the product is rightThink of it like the car business: you've got a Ford Fiesta on a car lot, and a Toyota Camry.

My first real estate rental was an SFR, B type unit in a B/C area.

Hello everyone,

I am a 19 y/o entrepreneur interested in Real Estate investment (specifically fix & flips, and both residential/commercial development). The end goal is to form a developing company, and in order ...

When someone calls a neighborhood a B property, what does that really mean.  

You must have made the buyer responsible for both A-B and B-C cc.