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31 January 2025 | 9 replies
Take a house that sold at a low price twice in the past.
15 January 2025 | 5 replies
Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you .
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5 February 2025 | 16 replies
Can anyone shed some light on what kind of down payment, terms and qualification requirements we would typically be looking at for an SBA or low down commercial loan?
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7 February 2025 | 6 replies
If it discharges 5 foot from the building and there is a low spot running back to the building, then it is going down hill back to the building.
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5 February 2025 | 4 replies
The vacation homes offered a low 10% down so that was helpful.
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29 January 2025 | 9 replies
@Fumi Maher both are good strategies and we have clients doing both currently.
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15 January 2025 | 24 replies
In the meantime I would put the money in a low risk account gaining 4-5% which for $250k would be around $1k/month.
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30 January 2025 | 2 replies
They used lasers to find the low spots and used "push piers" to lift those areas.
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30 January 2025 | 19 replies
Across the board, the worse the neighborhood, the better the cash flow, the better the neighborhood, the trade off for tenants base, better schools, low crime, etc etc.
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11 January 2025 | 6 replies
@Rafael Ramos All your goals contradict each other:(1) Cashflow: buy Class C & D properties2) Appreciation: buy Class A & B properties3) Low Crime: buy Class A & B properties4) Why would you want your investments to lose money to lower your taxes?