Jeff G.
What are some warning signs that an area is slipping from C class to D class?
26 November 2024 | 14 replies
TENANT PROFILE: tenants are the biggest influence on Neighborhood and Property Class.- If you don't believe us, think about what will happen if you put several Class D tenants in a Class A apartment building.
Michael Baum
Mike's Deal of the Day - July 16th, 2024 Prime Day and more!
25 November 2024 | 6 replies
.$379 Insignia 70" F30 4k Fire TV - https://www.amazon.com/All-New-Insignia-70-inch-Class-NS-70F...Not a bad TV if you are looking for a larger unit.
Terri Absher
Invitation to join Class Action Lawsuit STOA/FlipOS/Farraway SG
19 November 2024 | 7 replies
Given these circumstances, I believe there may be grounds for a class action lawsuit against these companies, and their owners.
Sam Chicquen
Investing For The Very First Time In Atlanta, GA!
14 November 2024 | 8 replies
Generally speaking, your acquisition budget needs to be at least $320k+ unless you're looking at a fixer-upper.
Rachel Chioreanu
I am looking to hire contractors for a fall project and wondering if I need a gc.
13 November 2024 | 8 replies
@Rachel Chioreanu unless your project is an apartment building or Class A SFR, a GC is usually a waste of money.What you probably really need is a Project Manager from a GREAT property management company.What's the scope of your project?
Elia Caputo
Mother of 2 Teen girls w/2 short ter, 1 long term, 1 fixer-upper, 2 lot and growing.
7 November 2024 | 12 replies
Here's some hopefully, helpful cut & paste info:------------------------------------------------------------------------------------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?
Pete Harper
1031 into upREIT
18 November 2024 | 8 replies
It's important to understand the difference, and I'd recommend sticking with the REIT with depreciation advantages.The Tax Cut and Jobs Act (TCJA) includes a 199A deduction and applies to certain income from pass-through entities (including REIT dividends) and allows individuals to take the 20% deduction against REIT dividend distributions that yields an effective tax rate of 29.6% or 37% (80% for upper bracket filers).
Edward Suess-Hassman
How to Start Out in Real Estate Investing in a High Cost of Living Area
25 November 2024 | 29 replies
@Edward Suess-Hassman you won't be able to cashflow if you buy Class A or B property - unless it is a:1) Desperate seller and you get well below market price2) A major fixer-upper that you can invest your sweat-equity inYour other options are:1) Invest in Class C - but only do if you undertand 20-25% chance of tenant nonperformance and a lot of maintenance issues.2) You invest in another part of the country.DM us if you have more questions.
Julie Muse
W 10th St Transformation: From Crowley Fixer-Upper to a Stunning Sell!
20 November 2024 | 0 replies
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $35,000
Sale price: $121,000
Contributors:
Peter Vekselman
Partner Drive...
Veronica Mitchell
Next gentrifying neighborhoods in and around Chicago MultiUnit
12 November 2024 | 25 replies
It was only within the last 30 years has the upper middle class incomes start to spread out of the lake.