Would you be terribly surprised if I told you that in the world of Real Estate Investing we sit and try to come up with the most confusing terminology that only we, and no one else, can understand?
Seriously, this business is full of terms and acronyms that make no sense whatsoever to anyone outside real estate. you’d think we do this on purpose, just to confuse newbies…
One set of such terms deals with property classification – A Class, B Class, C Class, and D Class. Everyone knows these classes describe quality – but how exactly do we qualify?
Here we go: