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All Forum Posts by: Amul Sutaria

Amul Sutaria has started 18 posts and replied 72 times.

Post: Allentown PA Title Company Recommendations

Amul SutariaPosted
  • Rental Property Investor
  • Montville, NJ
  • Posts 82
  • Votes 10

Hi BP,

I'm looking for title company recommendations in the Lehigh Valley (Allentown, Bethlehem, Easton areas). 

Thanks! 

Post: trying to BRRRR - But what improvements add value???

Amul SutariaPosted
  • Rental Property Investor
  • Montville, NJ
  • Posts 82
  • Votes 10

Hi BP!
I'm closing on my first deal in cash and I want to refinance and pull my cash out after 6 months. 

My question is:  What can i put into the house to add value so it appraises for more money and I can get ALL my money back? 

Acquisition: 109k
Currently appraised at: 110K

Money to use for improvements: 50k

Post: So what's holding you back?

Amul SutariaPosted
  • Rental Property Investor
  • Montville, NJ
  • Posts 82
  • Votes 10

Had two deals about to close and I lost my job.  Lenders pulled financing.  

That's what's holding me back

Post: Reply to Matt Faircloth's article about goals in 2019

Amul SutariaPosted
  • Rental Property Investor
  • Montville, NJ
  • Posts 82
  • Votes 10

Hi @Matt Faircloth,

I loved your article and video on setting life changing goals for 2019 and I wanted to take you up on the offer to be accountable to each other and make it into a forum post.  

I am just starting my REI journey and I am closing on a property this Friday 3/29/19, a Triplex. My goal for 2019 is 5-units, and I am more than half way there. I feel excited to start this journey!

Post: Investor Mastermind Group looking for a new member

Amul SutariaPosted
  • Rental Property Investor
  • Montville, NJ
  • Posts 82
  • Votes 10

@Steve Uhlig I sent you a PM

Post: How to start a syndicate?

Amul SutariaPosted
  • Rental Property Investor
  • Montville, NJ
  • Posts 82
  • Votes 10

thanks everyone, great advice!

Post: How to start a syndicate?

Amul SutariaPosted
  • Rental Property Investor
  • Montville, NJ
  • Posts 82
  • Votes 10

Hi BP,

i have quite a number of relatives and friends who have money and who are looking to invest.  Are there any resources out there to start a syndicate?  What do you recommend I do?  I want to harness these resources properly and give everyone a great return.   

Any help would be appreciated! 

Post: What options do I have? Take a look! need advice!

Amul SutariaPosted
  • Rental Property Investor
  • Montville, NJ
  • Posts 82
  • Votes 10

Thanks @Brent Coombs.  I'll have to get them to go down on the price for sure then. 

Post: What options do I have? Take a look! need advice!

Amul SutariaPosted
  • Rental Property Investor
  • Montville, NJ
  • Posts 82
  • Votes 10

Post: What options do I have? Take a look! need advice!

Amul SutariaPosted
  • Rental Property Investor
  • Montville, NJ
  • Posts 82
  • Votes 10

Hi BPers,

I have an off market property, let me show you the numbers, please tell me what YOU would do in my shoes... :

SFH 2/1
Acquisition: 185,000

Rehab: 20,000

ARV: 250,000

Potential Rent: 1800/month

Taxes: 5,000 (yeah, NJ!)

I have the capital to put 25% down for a conventional renovation loan, but the only thing is no one will lend me money if I tell them i want to flip the property in 2 months.  I have to hold onto it for at least a year.  I was thinking maybe to renovate it and rent it out for a year and THEN flip it?