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All Forum Posts by: Michael Ferber

Michael Ferber has started 2 posts and replied 3 times.

New Member Introductions

Post: new member from New Jersey

Michael FerberPosted
  • Teaneck, NJ
  • Posts 3
  • Votes 0

thank you y'all for the worm welcome.

Looking forward to stay connected 

0 Votes
New Member Introductions

Post: new member from New Jersey

Michael FerberPosted
  • Teaneck, NJ
  • Posts 3
  • Votes 0

Hi all,

I'm from north New Jersey.  I enjoy and learn so much from bigger pockets blogs.

I'm fairly new to the re community, although I did research and invested in single home rental several years ago out of state. It has done quite well up to date. I took the license REI course in NYC.

 Currently, looking to invest in small Multi family or town houses in your average working neighborhood where numbers can make sense to me. 

my biggest goal now is to get over my first deal!! lol,will update shortly after!

0 Votes
Questions About BiggerPockets & Official Site Announcements

Post: Latest webinar

Michael FerberPosted
  • Teaneck, NJ
  • Posts 3
  • Votes 0
Had a question about the math on 'Betty's house' offer. In order to get a realistic cap rate, why wouldn't l divide the NOI of 7896 into the ACTUAL cost of the project which is 93,500 getting a cap rate of 8.4%?
0 Votes