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16 March 2018 | 5 replies
Bulk Sales provision should be in every single NJ contract where the owner is engaged in business and not selling in the regular course of business or a primary residence.
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15 March 2018 | 3 replies
And I would recommend visiting your property in person at least a couple of times, to make sure everything is looking the way you believe it should be.Regarding investing in single-family homes versus the two crowdfunding platforms you mentioned or the S&P 500: in my opinion, the best option is to have a diversified portfolio.
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21 March 2018 | 36 replies
They are all in stable neighborhoods composed of primary owner/occupiers in markets with strong 30 year population + job growth forecasts.Sources of risk come from a variety of sources, starting with (1) the market, (2) the property and location, (3) price you pay, (4) management strategy, (5) rental rate you set, (6) rehab budget, (7) service provided to your tenants and how strict you are with them, (8) your ability to attract and retain high quality brokers, leasing agents, inspectors, handyman/contractors/agents, etc, etc., (9) level of investment experience you have, (10) familiarity of the market, etc.As an investor, one of my primary responsibilities is risk management... my ability to fully understand all of the risks that I am taking and put processes/structures in place to minimize or control these risks.And if you are a successful risk manager, i have found that in REI you are able to mitigate the downside and generate returns that ARE NOT commensurate with the risks you are taking and do so by providing a triple win to your investors, your tenants, and yourself!
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16 March 2018 | 4 replies
Hi BP,I am new to this platform and want to get an insight of anyone has had any encounters with entities that do crowdfunding.
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16 March 2018 | 10 replies
She's not your investor partner, she's a realtor, and it sounds like she usually sells primary homes (like the vast majority do).
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25 July 2021 | 12 replies
I would like to use one of the online platforms like crowdstreet, patch of land, or one of the others......but they only allow accredited investors correct?
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3 May 2018 | 10 replies
As @David Chwaszczewski said there's a big difference in mileage/rate for primary resident vs investors.
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16 March 2018 | 3 replies
It must be your primary residence but their is no rule saying you can not sleep over at your significant other place occasionally.Every aspect of investing has a measurement of risk ;)
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16 March 2018 | 5 replies
Hello everyone,I made settlement on my first rental property today and I want to use Cozy as the platform for rental applications and even collecting rent.