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All Forum Posts by: Quashema Watkins

Quashema Watkins has started 11 posts and replied 26 times.

Post: HOUSE - HACK DILEMMA

Quashema WatkinsPosted
  • Irvington, NJ
  • Posts 30
  • Votes 4

@Chris Purcell Thanks for the feedback Chris! So does each tenant have a separate lease? Did you have to get a special permit to rent rooms in an apartment?

Post: For Sale by Owner - Buyer's Agent Commission

Quashema WatkinsPosted
  • Irvington, NJ
  • Posts 30
  • Votes 4

@Vi K  Thanks for the direction and insight!

A family friend recently inherited a three-family fire-damaged home. I'm interested in the property but I'm purchasing through the NACA program and I have a buyer's agent. In a FSBO deal, who pays the buyer's agent commission? What percentage is my agent entitled to if he did not find the property?

Post: HOUSE - HACK DILEMMA

Quashema WatkinsPosted
  • Irvington, NJ
  • Posts 30
  • Votes 4

Hello Bigger Pockets Friends!

I'm a having a newbie dilemma and need some perspective

I want to house hack a 3-4 unit in North Jersey but its so hard to find a property within my budget (P.I.T.I max payment of $2350), in a descent area or block, and that does not have to be REHABBED (not that I think rehabbing is bad.. it's great but I did not want to do that for my first property and as newbie I guess I am scared to take on that LOL)

I am thinking of a 2 unit property (I'm single no kids), rent out one floor and for the extra rental income have a roommate to rent a room in my apartment as an option.

I have lived alone for 10 yrs so this will be a BIG adjustment even can say a sacrifice for me if I chose this strategy.

Can anyone share their experience with roommate in regards to search & screening services used and lease agreement tips, etc?  

Thanks for any and all ideas, feedback, and perspectives!

Post: MY FIRST PURCHASE CONTRACT NULL & VOID

Quashema WatkinsPosted
  • Irvington, NJ
  • Posts 30
  • Votes 4
@Kerryanne Henry Nice to meet you Kerryanne.. Thanks for the advise! That's awesome you are local and I will send you a message

Post: MY FIRST PURCHASE CONTRACT NULL & VOID

Quashema WatkinsPosted
  • Irvington, NJ
  • Posts 30
  • Votes 4

@Dan Maciejewski - Thank you! I got caught up in this brutal market for buyers. 

How are FSBOs searched online? Are there specific websites? I found most FSBOs are SF homes

Expireds are on the MLS in which agents have access to correct?

Post: MY FIRST PURCHASE CONTRACT NULL & VOID

Quashema WatkinsPosted
  • Irvington, NJ
  • Posts 30
  • Votes 4

@Jason Hirko - Right!! Lesson learned for sure

Post: MY FIRST PURCHASE CONTRACT NULL & VOID

Quashema WatkinsPosted
  • Irvington, NJ
  • Posts 30
  • Votes 4

@Ibrahim Hughes- I thought about this and did not know where to start.  Thank you!

Post: MY FIRST PURCHASE CONTRACT NULL & VOID

Quashema WatkinsPosted
  • Irvington, NJ
  • Posts 30
  • Votes 4

@Ned Carey Thanks for the insight! I have been searching since February and I found everything I was looking for in this house. You said it perfectly. I became a motivated buyer. Thanks for pointing this out. Lesson learned!

Post: MY FIRST PURCHASE CONTRACT NULL & VOID

Quashema WatkinsPosted
  • Irvington, NJ
  • Posts 30
  • Votes 4

@BillOBrady Lol thanks will do. I  have been searching for the house that meets my criteria since February. I think I became impatient