All Forum Posts by: Nishil Kothary

 That would be great. Really appreciate that!

 Hi Aristotle, 

I am open to Single Family and small multifamily. I am primarily focused on appreciation, but would like some cashflow to keep the investment profitable year-to-year. Would love to connect and hear any insights you have on the market.

Thanks Dominic! Great idea on the REI groups.

Hi BP Community!

I am looking to buy my first investment property and have heard a lot about  Fort Wayne

As an out of state investor, I am looking to connect with investors/agents in the area to build further knowledge on specifics with the markets and hopefully bring business to in the future!

my primary investment goal is long term appreciation and wealth accumulation.

Looking forward to connecting.

Best,
Nish

Hi BP Community!

I am looking to buy my first investment property and have seen strong fundamentals in Indianapolis (job growth, population and median wage).

As an out of state investor, I am looking to connect with investors/agents in the area to build further knowledge on specifics with the markets and hopefully bring business to in the future!

Looking forward to connecting.

Best,
Nish

@Rob Glasser @Bryan Keating @John Walter

@John Walter

Sorry to join this discussion late but I had almost the exact same requirements as you @Chow Ahmed.

It seems like the property tax + PMI is a killer in new jersey. To cash flow on a 500k + property after paying 1-1.5k in taxes and PMI alone seems challenging. Add in a mortgage, property manager (for the future), CAPEX, maintenance, insurance etc and I have found most properties I have looked at are falling well short of any positive cash flow. Obviously, if I exclude CAPEX and Property management deals Intitaly looks enticing, but from everything I read this would be a foolish way to analyze a property. Most books also discuss appreciation as the "Icing on the cake".

I'm curious to hear from others and see how they found their deals, and what the numbers look like. Feel free to connect or reach out as well!

@Rahul Pat I am in a similar position as you (new investor in central jersey)
and have had similar questions. It seems like when you account for property tax, CAPEX, Insurance, and mortgage on these high prices homes, it is hard to profit off of these deals. Rents do not seem to be rising the way home prices are resulting in low to negative returns. Seems especially difficult for a new investor who has less access to the market.

On a side note, would love to connect further. Feel free to shoot me a message!   

Hi all,

I have posted on here a few times and have met some great people through the forums. I am new to the real estate investing game but am looking to buy my first house hack in Central/North Jersey. 

I am always looking to make new contacts as I continue to expand my network. I would love to hear about people's experiences in RE, while also (hopefully) meeting some great people with who I can collaborate in the future.   

If anyone is interested in connecting, please let me know! I'd be happy to find some time to speak with you. Open to speaking to anyone with any experience level.

Best,

Nish