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5 January 2025 | 24 replies
As a general rule, I tend to vote against anything that favors rent control and will increase property taxes.
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2 January 2025 | 11 replies
If you are considering renting it for a minimum of 30 days, I believe you will be exempt from any short term rental rules and taxes.
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27 December 2024 | 2 replies
If you would be interested in sharing your story please apply at biggerpockets.com/guest Your mindest seems incredible and keep up the hard work!
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28 December 2024 | 1 reply
Asking in the correct forum will get a better response.Read the RULES!
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28 December 2024 | 11 replies
Also, consider this copy & paste advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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8 January 2025 | 34 replies
Best part is NJ is not what its made out to be in terms of landlord friendly, the state gets portrayed as the entire state being bad when really most wacky laws are in the major cities and they apply to 5 units or more. 2-4 unit multi families fly below radar per say.
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2 January 2025 | 16 replies
So, if these are all in A neighborhoods, I would think you could get much closer to the "1% rule" on rent than where you're at now.
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1 January 2025 | 22 replies
My 2 cents FWIS: You have three colors going right now and should stick with a 60-30-10 rule.
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9 January 2025 | 46 replies
I just had a great meeting with Justin (he’ll have my email) last week and would appreciate an opportunity to learn how systems to avoid situations like the above have been applied.
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23 December 2024 | 4 replies
If not again you would be better off buying your own home and having enough yard/space for all of them but 13 is still way to many dogs unless you live on a farm or own acres of land.I have worked in the banking business and have seen people lose their homes that they rent due to landlords kicking them out with very little warning due to breach of contract or a No pet rule.