Buy a Small Multi Already & Also House Hack
- Mandy McAllister
- Jul 25, 2024
- 1 min read
Join me as I delve into blog 152 - "What Do A, B, And C Asset Classes Mean in Real Estate?" Understanding asset classes is essential for effective investor communication, focusing on a property's location and condition. I share insights on unexpected property surprises and clarify the characteristics of each class: A (best locations and conditions), B (mid-range), and C/D (worst). Alan reminds us that an A-class property’s status isn't permanent. I also discuss aligning asset choices with investment goals, recommending small multifamily properties for new landlords and advocating for property renovations to improve class.
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