Brendan Jones
First property advice
9 January 2025 | 9 replies
These are things at the high level I want to be looking at for all my real estate purchases.
Samuel Hudson
Weehawken rent registration
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 .
Zach Howard
Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
Nor may appreciate your risk tolerance level.1.
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
Get to know the people on a personal level at section 8.
Alex Silang
Mass deportations: will it affect rental markets?
22 January 2025 | 61 replies
Disabled and retirees get a certain level of significantly lowered hours and simple assignments, because moving is living and social interaction is needed not to mention there our elders and man we need elder wisdom this day n age so badly.
Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
We have seen maintenance costs skyrocket over the past 2-3 years and every case is different but here are some general guidelines for reputable (non-crackhead) investor level pricing in our area of operations:Furnace and A/C replacement with lineset for standard 3 bed 1 bath bungalow.
Pierre E.
300k average profit on a flip - is that real?
28 December 2024 | 7 replies
.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.
Shayan Sameer
Fix n Flip 70% rule
3 January 2025 | 45 replies
On houses below $200k, the 70% rule gives you too low of a profit - you need to lower it the lower you go (ie a $100k ARV would probably be a 60% rule).
Chris Seveney
Home Payments as % of Median Income
2 January 2025 | 12 replies
This goes back to the norm level or comes down.
Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
There's many other options in real estate such as syndication and note investing depending on your level of involvement.