All Forum Posts by: Ted Felsberg

@Ankit Patel that’s awesome information thank you very much.

I’m going to look into some other towns in South Jersey.

@Ted Felsberg Marlton**

Hey BP! I need some help.

I am very interested in learning about local zoning rules for renting by the room. Ie how many people can live in a single family dwelling legally. I’m looking into the areas of Martin, Voorhees, Cherry Hill NJ.

I have been looking online with at zoning websites for those towns and I just can’t find it anywhere. I found tons of info about signs, parking lots, trash, helipads etc. but nothing about what I need to know.

Does anyone have a good way to find the right site? Or perhaps there is a certain phrase that I should be searching for?

Any help would be greatly appreciated. Thanks!

I’m going to try to make it to that one. I’m tired of zoom calls lol. I want to network with some other investors. 

Hey! 
I live in south jersey and I’m getting my real estate license this week. I might not be what you are looking for because I am so new. But either way I would love to connect with you.  I’m also looking for my first deal as an investor. Are you looking to do flips or buy and hold?

Hey! 
I'm new here and new to investing so please take what I say with a grain of salt. But from everything I've read and everything I've heard on the podcast, you need to make an offer that works for your numbers. Offending people isn't important at all. The term lowball seems to be hanging people up and I really don't know why. The entire idea of the brrrr strategy is to get a property at a low price so when you're finished rehabbing you only owe 75% of the ARV. Who cares if your offer offends someone? This is your business.

Would you make a bad investment so you don’t offend your agent or a seller? 

I know that sounds very forward of me. I’m sorry if it comes across as negative. That is not my intention. I just know that I’ve heard @Brandon Turner and others say make a hundred offers and maybe you’ll get one. If all of those offers were for asking price, then wouldn’t you be buying every house you offered on? I’ve also heard them say that in a good deal everybody wins. So if you are solving problems for the seller, it’ll be a good deal for everyone. But if your agent hinders you from even getting to that point, who are they helping? 

Good luck with everything  I hope it all works out for you  

No. I’m a lot further south. I’ll probably be investing in Atlantic county. 

Hey Jose! 
I'm also a newbie, and I am getting my license in NJ soon. I am scheduled to take the state exam next week. My investing mentor is also a real estate agent. I don't have any particulars, but I know that his agency lets him have his license there and he doesn't have to be active with the agency that much. I am going to work for the same agency so that I can learn from him and work with him more. It's called Vylla. Hope that helps. 

Hey! My CPA is amazing and is an investor as well. Vincent Pungello. https://pungellocpa.com

Hey!
So I am very new to investing, so my advice doesn't have a lot of weight to it. But from listening to other investors it sounds normal to go through 100 deals to find a good one. And I've also heard that using the mls doesn't get the best results. When I am ready to, I plan on driving for dollars and using yellow letters sent to absentee owners. 
But if you really want to abandon the duplex idea for single family, that could work too. Rent some rooms out and collect that money!
You got this dude!