Adequate insurance will be more than sufficient to protect you provided you do not make the mistake or accumulating excess dead equity.

The capias list for Housing Court is always fun to review to see which properties are allegedly (innocent until proven guilty and all) excessively delinquent.

Prices are rising and deals are drying up here.

Delinquent HOA assessment not paid by the foreclosed owner is a common problem that becomes the burden of the new Buyer, who has to settle with the HOA.Do the (sometimes) excessive HOA back dues increase the Cost Basis of the property that can be written off against ordinary gains or does it expense out (as passive income) on IRS Schedule E?

Bogus.The Tax Court correctly ruled that transactions were bogus, that it constituted excess contributions to the Roth, and imposed a tax of about $40,000.The Court’s reasoning is very important to REI.

Then after the 18 months, it would all be excess profit! 

The high property taxes in Bayonne (typically in excess of 1k/month for multis) already make it very difficult to find positive cash flowing properties on the market.

How much are you willing to spend on new carpet, window seals, new hardwood, dry wall to avoid replacing the forced air system?

The last exterior we prepped lead safe following RRP rules was in excess of 30k.

Returns should be generated primarily from the performance of the real estate – not through excessive use of leverage – and it’s critical that investors understand this point.Often, property investors don’t realize how important it is to quantify leverage, so they end up in overleveraged investments.