All Forum Posts by: Shawn Jacobs

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 

@Zach Adams Check Meetup.com. There are quite a few groups in San Diego. 

@Robert Breen, Thank you! 

@Brandon Krieg, Thank you! I look forward to meeting very soon ! I will be attending the next West MI REI meeting.

@Seth Kitchka, Thank you! I'm hoping to get over to Muskegon soon! Warmer weather is coming! 

@Auspria Wade, Thank you! I missed the last meeting, but I have a few appointments this week with members of the West MI REI Group!

I hope to see you at a meeting in the future! 

@Gabe Zader

 @Larry Fried

Thank you! I look forward to exploring BP more and learning all it has to offer!

@Derrick Strope, Thank you! Southwest Michigan is a beautiful area! The investment market here has taken off! 

Hello everyone, 

Avid Investor & Realtor, but new BP member! I've been a longtime listner of the podcast, but recently joined the forms..... I don't know why it took so long! 

I look forward to connecting with like minded investors! 

@Yinan Q. I would start with your bank and when you reach out, let them know you are a customer of the bank and you are looking to buy properties at Sheriff sale or before they are on listed on the MLS. Once you work with your bank, leverage your track record to approach other banks.

Also, most states are required to publish a Notice of Foreclosure in a local legal newspaper for 4-5 consecutive weeks. If you go through your local legal times newspaper every week and see a bank you know if foreclosing on a property, specifically ask the status of that property. 

Hope that helps!

@Brian Hall I would start with Linkedin. Search for Special Assets and connect with Special Assets Officers from Local, Community and Regional Banks. The larger national banks can be very difficult to deal with. 

Also, simply calling local credit unions works well too.