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9 October 2024 | 5 replies
New neighborhood which seems like will end up as class B. 3 bed, 2 bath.
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13 October 2024 | 54 replies
Each unit's % of total square-footage B.)
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9 October 2024 | 17 replies
Most areas that aren't A or B neighborhoods do not support new construction without some outside subsidy funding.
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7 October 2024 | 4 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.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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4 October 2024 | 16 replies
Eventually, Class A property values increased to the point that even increasing rents didn't allow them to cashflow upon purchase.So, the flood of new investors switched to buying Class B properties.
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7 October 2024 | 39 replies
But that is just my experience and B neighborhoods.
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11 October 2024 | 30 replies
(B) That everyone currently doing STR in the market loves it, enjoys what there doing, is having a great time, has the free time to do it, is loving life and not stressed out, time crunched, anxiety ridden and generally stress wracked.
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9 October 2024 | 16 replies
- What property class is the rental (A, B, C, D)?
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7 October 2024 | 34 replies
After visiting these States, I just didn't see the benefit of investing in $200,000 in a B- class neighborhood in Ohio, which is a 5 hour flight away, when I could maybe invest a similar amount in the California Central Valley in a C class neighborhood that I could drive to when needed.