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5 October 2024 | 20 replies
In New Jersey, if you are a first-time investor, which counties have the greatest job growth?
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30 September 2024 | 10 replies
Most real buyers will have agents and will put it in their offer that the payment for the buyer agent come from the settlement funds.
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6 October 2024 | 3 replies
The new owner bought the house after I purchased my land, and he might not be aware of these encroachments.Is there any risk for me, such as the possibility of acquisitive prescription of a part of my real estate after years, especially if (theoretically) the neighbor incurs considerable expenses for e.g. asphalting his driveway?
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6 October 2024 | 2 replies
Get to know the guide lines and the Niche lending options that can make or break cash flow deals.If you ever have any questions feel free to reach out I enjoy offering tips, and loopholes to BP members to help save time and money!
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1 October 2024 | 15 replies
Thank you so much for your time and input!
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5 October 2024 | 2 replies
Good afternoon allJust for general discussion.....and I know there is a lot of information not given....I was discussing with several colleagues at a recent investor meet up, on their thoughts on best practice/method to acquire another property management company in our geographic location.We were approached by another management company who's owner wanted to retire and presented us with an offer.Original discussions with the other management company(seller) had them wanting a one time payout, say $100,000.
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4 October 2024 | 9 replies
They don't want to get in trouble so they pay on time and many do hustle with multiple jobs as they try to create a better life for themselves.
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1 October 2024 | 6 replies
Got it.What we include in the process as well, is "how best to protect yourself from the "due on sale", what happens if the renter stops paying, what if the seller won't vacate, how to get a title report, why to not use a real estate agent, how does this affect my taxes, what makes for a good deal, what exit strategy to use, how do I hold title, what happens when the seller comes back later and demands to be taken off of the loan, how do I hold insurance, what happens when a roof or waterheater need to be repaired or replaced, and on and on.
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1 October 2024 | 4 replies
Hello All,
As an out of state investor who owns a few properties in STL, does it make sense to join this association? For $75/year that seems like a good value but wanted to see people's experiences with actual membe...
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30 September 2024 | 10 replies
Sure it can be a write off, but my question is if it is the highest and best use of your time (or the given employees time) to be running a skid steer - transporting it, storage, maintenance, cleaning, etc, and if it still makes sense if you need to hire someone to run it for you and take care of the other things.Add up all those recurring costs - maintaining the machine, maintaining the trailer, having a large enough truck to tow it, insurance and registration for all of the above, your time or your employees time related to all of the above...even at $14k a year it might be attractive enough to keep paying that and having them drop it off at the job site for you.A brand new machine could easily cost you over 6 figures - that's 7 years of rentals at $14k/year before including all the holding costs.