Updated almost 6 years ago on . Most recent reply
Doubting my C class rentals
I’m starting to doubt my c class rentals. I met someone who finances all of her rentals and I guess I kinda got caught up in what she was talking about. I buy my properties cash 40k or less since my financing options are limited. My c class rentals aren’t bad they cash flow 100% and they rent for 905 and up with sec 8 which in a c class I’m perfectly happy with. Why am I doubting myself now ?? Should I try for B or A class properties.
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We’re 100% committed to affordable housing...which is mostly C class properties. We buy SFHs and we are all-in at roughy $32K. We renovate the homes to make them the nicest available for the price, and rent for $725-$750. Choose your residents carefully, take good care of them, and the numbers are hard to beat.