While I have been able to find tenants to rent at a slightly premium price as the building warrants it has been more challenging and taken longer than my buildings in better areas.

lately, I’ve been thinking about many different strategies regarding real estate.I originally did wholesaling for a few months but ended up stopping bc it just took up too much of my time especially with my full time job.second, I thought of having rentals but I was hesitant bc I live in NJ & the rental laws here aren’t the greatest and it’s hardly any deals that can justify for the rent to cover the mortage in this expensive market.Right now ive been thinking about possibly flipping properties in my own back yard NJ or possibly out of state where home prices are much lower in certain markets.Anyone have advice if I should possibly flip properties where I live in NJ (blue state) or possibly go into another market and flip virtually..?

We are looking for a reputable (and reasonably priced) eviction attorney in Michigan, specifically for the Bay City area, thanks.

Getting experience local where you have more opportunity to vet things and see things in person will help you navigate building teams from a distance. 

It probably helps them price out their policy to you so that they make sure you have the right coverages in place.All the best!

Home prices have shot up in the Poconos, there's very few homes for sale, there's bidding wars on the few homes that are for sale, and there's a drastic shortage of available workers.

But then that leaves no money to do a BRRRR - so if you were looking at a BRRRR - you would likely need to lower the price of the house and find one that didn't need much fixing - which is probably a good idea for a beginner BRRRR experience.  

If your basis is $100,000 and your sales price is $250,000 then $150,000 / $250,000(60%) of each principal payment will be considered gain.

This is just the reality of most markets with prices and interest rates where they are. 

Due to the extensive work needing to be done the seller is willing to negotiate the price from 110k - 125k once we have properly explained the work that needs to go into it.