Jessica Long
How can we love faster preparing our rental?
19 September 2021 | 11 replies
This is a single family, B class home.
Aaron Ross
50 years old and want to start a multi family investment group
15 October 2021 | 14 replies
I'm in a similar boat. 47 and just started looking for the deals several days ago.
Jay Bedovoy
Newbie looking to invest in PA
21 September 2021 | 5 replies
Don't know anyone in that area, but many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That OOS property Class rankings are usually vastly different than the local market they live in.7) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.9) Class B usually also okay, but needs more attention from owner and/or PMC10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)
Sokhna Wade
First rental property purchase!
28 December 2021 | 22 replies
These were C class homes, in ok, but not great neighborhoods but by buying cheap, we netted about 50% of the rent as profit after all expenses, including a $100 maintenance reserve. 3 years later we are selling some of our properties for 2-2.5 times what we paid for them!!!
Kevin Keating
Finding an RE Agent as an out of state RE investor
19 September 2021 | 7 replies
Don’t buy a boat 3 days before closing.
Chris Shelton
How does one define their "criteria"?
25 September 2021 | 6 replies
Pick an asset class: Class A, B, C & D properties, research pros & cons, pick one to focus onPick a real estate market that matches your resources & goalsContact local agents & PMC’s to start sending you listings to analyzeAnalyze a few deals weekly, get comfortable with the market and refine what you're looking for
Samuel Girouard
New owner, tenant discussions
20 September 2021 | 5 replies
They have a camper, plow, a boat and more.
John Kunick
Evicting Unvaccinated Tenants
20 September 2021 | 34 replies
Non immunized people are not a protected class.
Arsen Sapsa
How do you find a Commercial Industrial Property BRRRRs ARV?
24 September 2021 | 2 replies
Talk to some local commercial real estate brokers to figure out what the cap rate is in your market and asset class.
Christopher S Lippe
Property Manager Resource
20 September 2021 | 3 replies
The best property managers tend to specialize in a specific market/niche so a lot depends on the location within STL metro, class of property, etc.