All Forum Posts by: Jacob Zanger

yea you need to pay all the arrears to even do a 'subject to' deal. What is the ARV? Do you have the money to bring current carry the mortgage and pay the contractors?

Nice I'm Freehold.  Do you flip at all?  I get property in Toms River a lot

Here you go.  

https://www.meetup.com/New-Jerseys-Multifamily-Inv...

Hey, which part of Jersey? There is a multi-family meetup in Westfield every month. 

So... I work as an Acquisitions/Dispositions manager for a small team of real estate investors.  I get paid a % of every deal. So my question is should I as an independent contractor (1099) have the companies marketing expenses deducted from my checks?

Are marketing expenses deductible for the owners of the company?  If so, can I deduct my portion that I lost due to these expenses?

Also, is this normal practice?  It came as a shock to me

Great Flip in Jersey City Heights, right next to downtown Hoboken. It needs updating and cleaning. We are looking to sell our contract. Schedule a showing today!

Quick Flip in the Heights

197 Lincoln St.

Jersey City, NJ, 07307

Single family zoned for Duplex

Bedrooms: 3

Bathrooms: 1.5

Taxes: $6192 Lot: 0.06 acres

Owner occupied

NEW WHOLESALE PRICE = $369,000 (0BO)

Realtors, add your fee and bring us a buyer!

This property has a lot of possibilities. You could renovate it and retail it or add another unit and keep it as a rental for your portfolio. You could also knock it down and build from the ground up. This is in a great area, nothing here lasts long.
This property is occupied so please do not disturb the owner. Contact us to schedule a showing.

To submit an offer contact Jake Zanger to obtain our contract package, 732-876-3114 or [email protected]

This is a great house.  The back yard is has two decks and stairs to a private pool and pool house with a  views of the city. It also has a water fall that needs repairs.   The back yard alone is a huge draw.  Inside there are 3 stories with a finished basement.  5 bedrooms and 4 bathrooms a formal dining room and a study.  It needs some updating or you could go wild.

Hey Shailendra,

please provide me your email address and I will send you over the property info

This could be a great cash flowing rental. This property is well maintained and right next to Route 280 and the Parkway.