15 September 2024 | 3 replies
The last time I saw a structure like this, it ended up being a scam from a very well known real estate mogul...Be careful, if it sounds to be good to be true, it probably is...Cheers!
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11 September 2024 | 11 replies
Quote from @Jackson Ebersole: Hi Piper,It's always smart to flip properties in-state, and I'd like to share some updated insights on why this approach is beneficial, especially in the New Jersey area.Lenders typically feel more comfortable with in-state flips because:You can manage the rehab more easilyYou have better knowledge of local real estate trends and valuesYou can respond quickly to issues or make decisions fasterThere's a lower risk of fraud or being taken advantage of by distant partnersI can help you with recommendations for the New Jersey market:North Bergen: Continues to show strong potential, with average profits now around $150,000 per flip and a gross ROI of 85%.Willingboro: While specific flip numbers aren't available, the market remains active with a gross ROI now averaging around 130%.Gloucester City: Still a top performer, with gross ROI hovering around 180-190%, though still on smaller profit margins.Irvington: Home values have continued to rise, with a 20% increase over the past two years.East Orange: Has seen steady growth, with home values up by about 16% since 2022.Paterson: Experienced a 14% increase in home values over the last two years.Additionally, Jersey City and Newark have emerged as promising markets for flips, with strong appreciation rates and growing demand.
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14 September 2024 | 4 replies
I am looking to connect with investors and real estate professionals in the DMV area who speak Spanish.
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14 September 2024 | 24 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
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13 September 2024 | 7 replies
The owner communicates the transition to the current PM and then you contact them after.
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16 September 2024 | 9 replies
Hey @Chayton Wagner, wanted to chime in here since I run a Real Estate call center and train and manage VA callers for RE Agents and Investors.
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11 September 2024 | 0 replies
We needed to move quickly after our landlord gave us 60 days to vacate because he wanted to move back into his home.
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11 September 2024 | 4 replies
Stocks dipped last week after labor data disappointed.
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11 September 2024 | 16 replies
What loans can you take with the smoothest flow before and after purchasing a property?
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10 September 2024 | 1 reply
In July, the U.S. commercial real estate market experienced mixed results, with property price gains slowing, particularly among individual investors.