All Forum Posts by: Moshe Eisenberg

Some focus on cashflow, others on appreciation. Imho buy based on cashflow, but only with high chance for appreciation.

Hi guys, I'm in contract on a multi family building in north jersey and a few of the tenants are TRA. I hear that it's a big hassle to to have the TRA checks transferred to the my company as the new owner when we close. If anyone has any experience with this and can share some insight it would be greatly appreciated! Thank you! Moshe (P.s. Please tag my name in your response so I get a notification when you do so. thanks!)

thanks @Roy N.

@Brandon Hall @Dana Whicker @Wayne Brooks Thank you much! This is very helpful.  (Now I just got to learn a bit more about the depreciation recapture… ;)

Hi everyone. If a seller of a property does not plan on doing a 1031 exchange does seller financing save the seller from any capital gains taxes? Does the fact that the seller will essentially not be getting the full amount at closing but rather he'll be getting only about 25% of purchase plus monthly payments, does this help?

Hi everyone. A tax lien holder has first position lien and can foreclose on the mortgage. My question is if when there is final judgement and mortgage is foreclose on, is it just that the bank can't have this property as collateral but the bank will go after the guarantor, or once the mortgage is for a close down it is basically wiped out clean.

Hi guys, I'm about to go into contract on a 10 unit mixed use property. 8 residential occupied, and 2 commercial 1 of which is occupied. The building is a corner lot and the vacant commercial space is around 40' on the avenue and 50' on the street. What's the best way for me to find the right commercial tenant for this available 2k sq ft space. Any advice will be greatly appreciated! Moshe

By hiring a GC instead of doing the work yourself it will most definitely take quicker (unless if you have prior experience in doing jobs like this), so the amount you'll pay more for the GC you can save on carrying cost and you can meanwhile use your time to do other profitable things (even if it's to continue with your current job). In general when people wanna do things themselves to save money, you should only do for yourself what others would hire you to do for them. If your not an expert at something you should sub it out and you do what your best at. 

@Account Closed I'm guessing you mean to say that the value of a 4 unit or less property isn't based on the NOI, rather is values based on comps? That doesn't mean that the property doesn't have a cap rate. If the NOI is say 25k, and the purchase is 100k that makes this deal a 25% cap rate. No? Correct me if I'm wrong.

Hi guys, I would love to hear from experienced investors what they think of buying properties with great Cashflow but in a subprime area. The story is that I own a few units and the management company (which I'm satisfied with) knows of a 3 unit property. Recently renovated. Currently rented out and this management have been managing the property for a few years. So here is my question again, if I look at cap rate its around 20% which is amazing. But since it's in a c area I don't see there being much appreciation. (The issue of the bad area in general I'm not to concerned about because the management company whom I'm already doing business with is ok with it.) Please let me know your thoughts and advice and please tag me in your response so I'm notified. Thank you! Moshe