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All Forum Posts by: Minghao Shao

Minghao Shao has started 4 posts and replied 12 times.

Post: Central New Jersey Property Management

Minghao ShaoPosted
  • Investor
  • Edison, NJ
  • Posts 12
  • Votes 0

Thanks Peter, will check soon!

Post: Central New Jersey Property Management

Minghao ShaoPosted
  • Investor
  • Edison, NJ
  • Posts 12
  • Votes 0

Hi BP friends!

I have a 4-plex in Dunellen, NJ in middlesex country looking for a good property management company. Does anyone have a good recommendation? 

Best,

Minghao

Post: Wilkes-Barre Scranton HVAC Contractor Referral

Minghao ShaoPosted
  • Investor
  • Edison, NJ
  • Posts 12
  • Votes 0

@Adam Guiffrida Thanks so much! I'll reach out to these two companies.

Post: NEPA - single family vs. multi-family

Minghao ShaoPosted
  • Investor
  • Edison, NJ
  • Posts 12
  • Votes 0

@Harrison Russin I suggest to go with multi in NEPA - but I learned a few things from previous failures:

1. Make sure your heat system is separated before renting the units out. Believe it or not, Wilkes-Barre utility unit price is much higher than New Jersey. We as owners don't want to be any part of it.

2. Spend most of your upfront work on finding a good property management company, if you are also a remote investor like I am.

3. Returns on paper doesn't tell you the true story - but at least look for a higher return on paper. Sometimes you will find properties that match 2-3% rule, or even 4% rule, but you may still not cash flow without proper PM and enough upfront rehab work being done.

Post: Wilkes-Barre Scranton HVAC Contractor Referral

Minghao ShaoPosted
  • Investor
  • Edison, NJ
  • Posts 12
  • Votes 0

Hello everyone,

I'm wondering if you are aware of any reliable and reasonable HVAC companies / contractors that serves the Wilkes-Barre area? I'm looking to convert and separate a 4-plex's gas heat (current only one meter) to electric heat (also considering other options based on the cost). Any recommendation would be highly appreciated!

Post: We got ourselvs a local forum in NEPA!

Minghao ShaoPosted
  • Investor
  • Edison, NJ
  • Posts 12
  • Votes 0

Excited to see the new local forum! 

Thank you, @Carol Desantis !

Are you talking about George W. Barrood? His website is http://www.landlordlandlady.com/

I also see another Barrood Law Firm in that area: https://www.barroodlaw.com/

Not sure if it's the first one that you mentioned.

Dear BP members,

I'm currently looking for a reliable eviction law firm / attorney that serves Middlesex County, NJ. Does anyone know any? The firm I'm currently using is much slower than what I expected.

Regards,

Minghao

Thanks @Thoai Han, would you mind sending me some specific area so that I can start my own research on those?

Thanks for your suggestion @Mark Nolan!