Jacob Riddle
im new and READY. located in flint
26 January 2025 | 5 replies
-------------------------------------------------------------------------------------------------------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 property in Class D area to Class A standards, what quality of tenant will you get?
Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------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 property in Class D area to Class A standards, what quality of tenant will you get?
Nicholas D.
Is there anyone located in Mass who invest in OOS Apartments (10-40 units)?
25 January 2025 | 4 replies
Hello,I am a real estate investor located to Southeast MA, I own and manage a small portfolio of 23 units and am looking to expand and scale out of state as the returns and market have been quite difficult in my area: due to CAP Rates, specific building class I am looking to invest in, and rising interest rates/minimal inventory, as well as it would be nicer to be diversified and in a more landlord friendly state.
Carsyn Childress
Where do you find local REI meetups?
24 January 2025 | 1 reply
Any advice or recommendations of where to locate groups seeking similar goals would be greatly appreciated!
Nilusha Jayasinghe
Property reserves and personal efund locations
16 January 2025 | 12 replies
I know that the general guidance is that emergency funds aren't to be invested, but given our financial security and the fact that we already have a personal e-fund in a safe, non-volatile location, would it still be crazy/unwise to invest this 15k in an S&P500 index fund in a brokerage?
Omar Santander
New Investor (local and long-distance)
25 January 2025 | 10 replies
Highly suggest coming out to some of the local chicago IN-PERSON meetups!
Heidi Xu
2 bedrooms 1 bathroom condo in the convenient location of Rowland Heights
24 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $275,000About this homeBeautiful 2 bedrooms 1 bathroom condo in the convenient location of Rowland Heights, close to bus stop, supermarket, schools, shopping centers etc. newer counter top in kitchen and bathroom. 2 parking spaces and storage room.
Chris Steinman
Rent or sale and new location
16 January 2025 | 1 reply
I refinanced it into a 5% 30-year mortgage with a local bank as the seller would only carry the loan for a year.
Dillon Clark
Looking to hear someone’s local experience in starting out.
24 January 2025 | 3 replies
That’s great advice Taz, I’m currently working on saving enough money to get started, house hacking is hard for me at the moment because I just bought a house 2 years ago, I would have to sell my house(which is in a great neighborhood great location) and use that money to fund the duplex which isn’t totally out of the question, I would like to keep the house if possible but also would like to get real estate investing more.
Kelly Helstein
Looking to Connect with Local Real Estate Investors
24 January 2025 | 1 reply
I’m Kelly Helstein, a local real estate agent who loves working with investors in the area.