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I keep seeing people refer to their property as A,B,C, D properties or neighborhoods. Where do I find this info about my properties?
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A-properties are the most recently constructed units, those that contain top amenities, require low maintenance, and are inhabited by young white-collar workers. These assets tend to be more stable, have less risk, an...
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Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...
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Hi Everyone, I hear large buy & hold investors classify a rental property by a class (A,B,C,D) all the time. How do you determine what "class" a rental is? Thanks in advance for the help!Shawn
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I have noticed during discussions on Bp. This is all hypothetical, someone will say they have a property for sale. Another person will reply back and ask what type of area is this property in. The seller will respond ...
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Hello BP! Newbie Investor here trying to do all of my research before my first deal. I keep hearing about neighborhood ratings on the podcasts and posts: A, B, C, & D. I've used Trulia.com to look up Crime Info fo...
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Currently my primary residence is in League City, TX and I have a property under contract (hard money) in Galveston , TX (27 miles away). I plan to rehab it and Airbnb it most of the year but also plan to stay in it w...
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So I'm wondering what strategies there are for determining the class of a neighborhood (i.e. labeling certain neighborhoods as A-class, B-class, C-class, warzone, etc..)?For starters, you'd want to consider the locati...
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I am not clear on the classification of property taxes. If the seller prepays property taxes for the whole year, and at closing I reimburse seller for the portion of the year I take over ownership of the property is ...
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Are neighborhood classifications (A, B, C, etc) universal or subjective? In other words, can different entities classify the same neighborhood differently? I’m new to investing and want to know if I can trust someone’...