Hello, does anybody know where to get reliable data on whether short term rentals are allowed according to the zoning map of East Orange, NJ?

Non deductible, Better Proximity securing loans) “ROI soonest months” “Cheapest”. 2nd. 3rd Deals, Off Market, brokerage, government, 4thJudicial, Move to USA 1031Tenant Management due diligencePrevious landlords Credit score,eviction record, income to debt between 40 and 60%,hours at home,Pets, poor character appearance Ie tattoos,drugs,crime,personality,dirty car.Value Add focal pointsRaise the rent,Rehab, maximize rooming, section 8, Reducing management “general”Rehab etiquettecompartmentalizations & entry,Colours, Lighting, Fixtures & Amenities, floor, bathroom cheaper / kitchens, fixed stylization.

House in great shape Cashflow may not be much but the LOW mortgage rate + deductions may helpHow should I approach this calculation?

I used this equation to back into my maximum allowable offer (MAO)ARV - Rehab Costs - Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage of ARV = MAO

Each option has its unique features, benefits, and considerations:Home Equity Line of Credit (HELOC)•Flexibility: Offers a revolving line of credit, allowing you to draw funds as needed.

When you sell that property depreciation recapture is technically measured on "allowed or allowable" depreciation on the property - meaning there is a possibility if someone claims the 80% and doesn't fix it, they'll still be paying recapture on the 100%, even if they didn't get the tax benefit of it.

The average return of cash flow is approximately $200/door/month so if you can beat that once your mortgage, bills, vacancy allowance, maintenance fund, and CapEx allotment are paid that’s a pretty good deal.

Pros: Ability to NOO STR, allows me to get started on my long-term goal of owning a lake property sooner rather than laterCons: Limited inventory, lifestyle disruption for a yearI have a lot to learn and welcome critical feedback and insights from this community.

This is particularly important if the buyer plans to change the property's use or develop it further.HOA (Homeowners Association) Documents: If the property is part of a homeowners association, include the HOA documents, fees, and any restrictions.Right of First Refusal or Buyback Clauses: These clauses can be beneficial in certain scenarios, allowing either the buyer to sell the property back to the seller under specific conditions or the seller to have the first opportunity to buy back the property if the buyer decides to sell.Amendment or Modification Clause: This clause allows for changes to the agreement, should both parties agree, to accommodate unforeseen circumstances or adjustments in terms.Record Keeping and Escrow Services for Document and Payment Handling: Ensure there's a clear plan for how documents will be stored and how payments will be processed and recorded.

The negotiation process involved a detailed analysis of the property's potential value post-renovation, which allowed me to present a compelling offer that was both attractive to the seller and aligned with my investment strategy.