How exactly is a neighborhood classified as an A/B/C/D-class neighborhood? What are the criteria? Who decides?Same question for residential properties. What criteria determine if the property is an A/B/C/D class pr...
I have been listening to show 61 with Ben Leybovich and he said something that rang loudly for me. Paraphrasing he basically said you need to buy a C property in a B location and fix it up to a B property to bring in...
Hi BP,
Being new to REI, I plan to start small but I'm concerned about overlooking market/geographic indicators that guide whether purchasing a SFH or small MFH is a good investment. I'm in the Metro Detroit area, an...
I’m a new RE investor, and I have a foreclosure on my hands! Property built in 1965, 3/1, 1700 sq ft and has been vacant since July, utilities winterized, and it’s in rough shape. Realtor thinks sewer line needs repla...
I was born in low income due to that lived in the hood, bad ones as a kid (Camden, NJ | Projects in PR) also first few years as a married couple (Texas Ave, Americana Blvd, O.B.T.) "Started from the bottom now we here...
I’ve seen in posts and in books advice to newbie investors to find cheap properties in low income areas, but to stay away from properties “in a war zoneâ€. But these posts and books never quantify what the diffe...
I'm looking at cash flow markets (ex: Cleveland) & have a few BRRRR opportunities in Class C neighborhoods. In low appreciation markets, how effective is BRRRR? I'm particularly curious (concerned) about the refin...
Hi,Planning to buy a property in South broadway neighborhood of Cleveland, Ohio, zip code 44105.Ultimate guide has this zip code in C and F neighborhood.
However below says its C class neighborhood: Would like to wh...
What neighborhoods in North Atlanta are good for investing? And when you're narrowing down a target market, how small should it be for a new investor? What do you look for first? Thanks!
https://dealcheck.io/s/-MN4Ohc...It seems like 12. 9%coc, 403 CF, area b-c, 1.3% rent/price but are the comps accurate?