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27 December 2024 | 27 replies
One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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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28 December 2024 | 12 replies
But I want to understand:How quickly do rental units typically get leased?
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30 December 2024 | 7 replies
Since tax bills are for entire parcels (typically, though not always) then it is highly unlikely that they somehow segregated the taxes for that small portion and paid it.
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9 January 2025 | 44 replies
Just a case in point, the tiny apartment I live in (800 square feet) the mortgage payment is about 4000 per month, and the typical rent for such a place would probably be somewhere between 1500 to 2000 per month.
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9 January 2025 | 30 replies
The typical days on market for these apartment are 20-25 days.
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8 January 2025 | 38 replies
We typically make calls every couple of days to see if the utilities have been cut off.
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29 December 2024 | 13 replies
That's typically where I see people referring to entry fees.
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31 December 2024 | 11 replies
They typically won't agree to that.
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29 December 2024 | 8 replies
Quote from @John Teachout: Title work is typically done as part of the pre-closing paperwork.
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30 December 2024 | 819 replies
Typically on old houses it's cheaper for a seller to put vinyl siding over old asbestos boards then replace and ripoff.