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?
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...
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 ...
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...
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
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...
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...
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...
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 ...
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’...