Irvin Nguyen
Multifamily market options
2 January 2023 | 44 replies
Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs.https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investmentshttps://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus
Jeanmary Prophete
Best Cities for Multi-Family (1031--400k to put down!)
12 May 2023 | 19 replies
Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.
Hartman Longley II
Experiences with Kennedy Funding?
25 September 2023 | 5 replies
Hello everyone, I recently came across Kennedy Funding (based out of New Jersey) as a potential financing option for my real estate ventures.
Johann Jells
Advice on restructuring into an LLC(s)
20 November 2013 | 13 replies
What I would do is depending upon how many properties you have and the cost of LLCs in Jersey.
Lafontant Cherilus
November Realty Trac Foreclosure Activity - Atlantic City NJ
23 December 2014 | 4 replies
Not to mention taxes in New Jersey, which are no friend of the opportunist investor.
Austin Stowell
Avoiding residential $10K cap in 2018
8 April 2018 | 15 replies
If this works, every single household in Jersey will be under an LLC in 2018.
Kevin Forsell
Landlord willing to sell multi-family to 1st timer
25 September 2023 | 2 replies
The building is located near the Hamilton Park area of Jersey City (highly desired neighborhood, walkable to the PATH into NYC).
Tom Server
How to go about raising rent and either charging for additional space used
25 September 2023 | 4 replies
Offer accepted.Doing the numbers my net cash flow should be between $500- $700 a month with the current low rents.Im in New Jersey and the current rents are really low, but the area isn't the greatest.Current rents are2br/1 bath-$10501br/1 bath-$ 950 (section 8)back apartment-2br/1 above a 3 car garage $1050The 3 car garage is also being used for storage, I believe from all 3 tenantsAll tenants have been there for a while, all over 5 years and lease right now are month to monthI was looking at the Hud websites for the area and the FMV rent for a 2br 1 bath is $1471 and for a 1br 1bad $1140Any suggestions on what to do..
Lyndon Timbang
CPA vs Tax Attorney
5 January 2021 | 4 replies
@Lyndon TimbangThe tax laws in New Jersey can be complex, it may be best to connect with a CPA in the tri-state area who understands NJ state tax laws well.You mentioned having a partner, Solo K.
Sylwia Leczycka
Should we Buy or Wait?
19 September 2023 | 4 replies
Put your focus on Northwestern Jersey - Upper Passaic and Sussex Counties.