26 November 2025 | 10 replies
Get two other quotes from different A/C companies.
25 November 2025 | 11 replies
Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.
19 November 2025 | 16 replies
C market and below sfr flips may look sexy on paper when you look at market rent and lower costs and turnkey etc etc, but they introduce many pitfalls, particularly in KCMO C class proper, where troublesome tenants can acquire city funded attorneys to drag out evictions.
23 November 2025 | 11 replies
This is a grade C property.
19 November 2025 | 16 replies
, pets stay FREE(0 bookings)Property C - Strict to FLEXIBLE Cancellation, pets stay FREE(11 bookings, 2 inquires)Property D - Control, no changes (STRICT cancellation, no pets)(1 inquiry)ALL properties I made sure "opportunities" where near max (office space with a comfy chair, etc)It's really interesting that I opened up pets to 3 of them, 2 of them I added flexible cancellation and the ones with flexible cancellation SOARED.Had nothing to do with me as a host, or my properties.
26 November 2025 | 6 replies
We go with numbers only, not analyzing why they are what they are.Scenario A: no S-corp; just a sole proprietorship or a single-member LLC; everything goes through Schedule C.- Income tax: $42k- SE tax: $28k- Total: $70kScenario B: S-corp, $100k salary.- Income tax: $42k- FICA instead of SE tax: $15k- Total: $57kDid we save money?
27 November 2025 | 1 reply
Check the mailing address on the tax recordIf the tax bill is being mailed to a different person or to “c/o [name]”, that’s often the heir or the executor.Sometimes you’ll see an attorney’s office listed, that’s a big hint it’s probate or tied up in an estate.4.
25 November 2025 | 19 replies
If you’re exploring multifamily investing, definitely take a look at the midwest.Columbus has solid B/C class neighborhoods with multifamily properties under $300k hitting closer to the 1% rule.
12 November 2025 | 7 replies
Sounds like they've been around awhile and have their "old-school" way of doing things and may be a bit behind the times with technology and standards.Overall, they seem to be treating your property like a Class C rental.- What do you feel the Class is?