All Forum Posts by: Bradley Rieger

Okay awesome thanks!

I am looking to acquire my first college rental in the spring so I can have it rented out for the new school year. I know that I need to have a parent cosign the lease, but do I use one lease for the whole property or have each kid sign a lease? basically my question is am I allowed to have multiple leases on one property? this property will be in New Jersey. 

Thanks!

Hi everyone,

This year I am looking to network and utilize this site more to grow my portfolio 

My goals this year is to purchase 2 properties, my next house hack and a local college rental property 

Good luck to all!

Awesome thanks for the advice! That's a lot of help I'm going to take action on the problem right away

Hi everyone! So last October I bought my first property. The property is a duplex and I am currently housing hacking it. I didn't want to, but after some negotiations I inherited the tenant that's been living there for 15 years. She's always been on a month to month lease so we kept that the same, but I only agreed to that once we the rent was raised. she was paying 900 and I rose it to 1200. When I bought the house I made the rookie mistake of taking on her utilities bill without knowing it. With Covid and New Jersey tenant laws I didn't want to push the issue since I was getting rent every month while I was fully renovation the unit I'm currently living in. Now that its been a little over a year do I raise the rent after I switch over the utilities or just do both at the same time. 

THANKS!

Thanks i'll make sure I do my homework before moving forward 

I'm a soon to be investor in Southern New Jersey (hopefully). I am in the process of getting my Pre-approval to buy my first property. My plan was to buy a multi family with an FHA loan and house hack.

Now with the corona virus and the entire State is basically shut down, I was wondering if I should hold off a few weeks to let everything settle down or should I move forward with the process?

Yeah I worked really hard on my company while in school to pay my loans. I wasn't your typical college kid, I didn't really have much free time. I'm a carpentry more specifically a finish carpentry. I only have a few thousand dollars saved up Because I payed off most of loans already. I live with my parents house and my plan is to move out and house hack to get started and in 5 years my plan is to own at least four multifamily  rental properties that produce passive income 

I graduated college last spring so I have little capital to bring to a deal. I’ve been doing construction work since high school and during my sophomore year in college I started my own contracting company. My company became official and legal in fall 2017.

I want to buy a multi family property to house hack (my market is expensive. South Jersey). I talked to a mortgage lender and they said my company needs 2 full years of consistent income for me to qualify for a loan. I don’t know where to go from here to try and acquire a property.

Does anyone have any advice on how I could maybe use my company or skills in construction to find a partner to get into a multi family house. Also advice on approaching someone with little capital, but have a unique skill and knowledge of real estate

@Frank Patalano I’m a recent college grad and looking to house hack. Prices are high in my market so capital is the biggest issue for me