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17 April 2024 | 34 replies
Ie a property with 0 repairs required, then a house with small repairs, then a full remodel flip that included adding and permitting new bathrooms, removal of walls, doors, windows etc etc.
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16 April 2024 | 11 replies
Ideally to really keep everything separate you'll want to just have your LLC, and not your name, on it and that'd likely require a novation or a new policy(full cost of title insurance paid again).
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14 April 2024 | 2 replies
It's not a New Jersey thing, it's the IRC code. 5.7 Sfhttps://buildingcodetrainer.com/egress-window-requirements/
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14 April 2024 | 6 replies
The price of the house ($1.4m) requires me to secure hard money lending to purchase.
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10 April 2024 | 9 replies
Does anyone have a maintenance record template that can be edited to fit my needs?
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14 April 2024 | 13 replies
I understand if tenant doesn’t renew there will be some maintenance when vacant.
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14 April 2024 | 2 replies
In NJ, for example, we rep a ton of landlords and require 3.5 months up front to rent which get you a better tenant and screening as we go through the NTN or rent spree (first month's rent, 1.5 security, 1 month realtor fee split between listing agent and rental agent).
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14 April 2024 | 25 replies
The purchase decision only requires online thorough research, then try to buy in a 401k/ira so you don't have to pay taxes on the Dividends which can be large.
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15 April 2024 | 35 replies
The goal of real estate investing is financial freedom.Financial freedom requires a rental income that:Increases faster than inflation: Unless rents increase faster than inflation, your true (inflation-adjusted) income will continuously decline, and your time off the daily worker treadmill will be short.
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13 April 2024 | 8 replies
A couple of maintenance requests can knock out an entire year of cash flow for you.