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13 September 2024 | 20 replies
. #4 Once you're comfortable with everything and you find a deal you like, pull the trigger.
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11 September 2024 | 11 replies
Quote from @Jackson Ebersole: Hi Piper,It's always smart to flip properties in-state, and I'd like to share some updated insights on why this approach is beneficial, especially in the New Jersey area.Lenders typically feel more comfortable with in-state flips because:You can manage the rehab more easilyYou have better knowledge of local real estate trends and valuesYou can respond quickly to issues or make decisions fasterThere's a lower risk of fraud or being taken advantage of by distant partnersI can help you with recommendations for the New Jersey market:North Bergen: Continues to show strong potential, with average profits now around $150,000 per flip and a gross ROI of 85%.Willingboro: While specific flip numbers aren't available, the market remains active with a gross ROI now averaging around 130%.Gloucester City: Still a top performer, with gross ROI hovering around 180-190%, though still on smaller profit margins.Irvington: Home values have continued to rise, with a 20% increase over the past two years.East Orange: Has seen steady growth, with home values up by about 16% since 2022.Paterson: Experienced a 14% increase in home values over the last two years.Additionally, Jersey City and Newark have emerged as promising markets for flips, with strong appreciation rates and growing demand.
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12 September 2024 | 6 replies
If the issues seem overwhelming and beyond your comfort level, it might be wise to pass on this property and look for a newer one that aligns better with your experience and budget.
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11 September 2024 | 12 replies
The designation for Certified Cost Segregation professional is CCSP and comes after the engineer’s name.
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20 September 2024 | 73 replies
I didn't want to weird out buyers and needed them to be comfortable reacting to my home.
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11 September 2024 | 3 replies
When you get back, go to local real estate meetups to get comfortable with what other investors are doing and meet some veterans who invest, there are a lot of them!
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16 September 2024 | 35 replies
If you can make dollars while living in Latin America you can live a very comfortable life.
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10 September 2024 | 43 replies
More markets are creating "Good Cause Eviction" laws designed to protect tenants from unfair evictions.
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12 September 2024 | 58 replies
@Brandon Sturgill great question, its a commercial designation right now.
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10 September 2024 | 2 replies
I have become comfortable talking with brokers and other experts in the industry.