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What differentiates an A class neighborhood from B class and C class? I assume A class is really nice, but how do I divide them up?
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Hi BP world! I am new to this community so hopefully I posted this in the right category.I am looking to take RE classes but trying to determine if the school I'm interested in is too much. I see a deal on Groupon for...
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Hi everyone,I wanted to find out what property class investors were targeting. This question comes up often in the discussions and I wanted to post a quick description from one of my blogs:A-properties are the most r...
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I'm in the early stages of working towards my real estate license, with the goal of practicing in Austin, Texas. I'm trying to find the best program to do the coursework through and would appreciate opinions.So far I'...
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Forgive me if this isn't the usual format, I haven't even looked at other posts. Am I close on these numbers?link here: http://www.loopnet.com/Listing/6768-S-East-St-Indi...List: 823,000Cap: 8.6%Units: 18NOI: 70,778(e...
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Hi BP,I'm working on another deal and was wondering what you all thought as experienced investors.It's an SFR in a C class neighborhood. It has 4 beds and 1.5 baths about 1670 sq. Ft.Asking price is $35,000, but hopi...
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Evening BP’ers,
Does anyone have any experience with c class multi units? I found an 18 unit in an area starting to gentrify. Is it fair to assume 25% of gross rents should be set aside for expenses and cap ex? Maybe...
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Hey everyone,My portfolio right now is all C-class / gentrifying parts of Columbus. I'm thinking of balancing it a bit with some solid, stable, B-class locations: not too rough, but not too expensive either. Areas tha...
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Hi,I am planning to visit Baltimore,MD this weekend. Can someone advise what areas to visit for REI. I am more interested in SFH in Class A or Class B area.Thanks in advance for your help.
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Curious if anyone has converted a Class A office asset to a 'live, work, play' concept in a second tier city? Feedback greatly appreciated especially GC advice.