Hello everybody!My name is Rob and I am a real estate investor from central NJ.I am new to the industry and happy to be here to connect with fellow real estate gurus :). My full time job is a regional environmental he...
Hello!Looking to get pre-approved for a conventional loan for my first property. Are there any specific questions to ask or anything I should look out for when speaking with the lender? Thanks!!
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Hello Everyone,
I came across a potential opportunity to convert a nice brick warehouse into some loft-style apartments. I'm a very active investor in the area, so I know this works as far as financing, zoning, park...
Hi Everyone! Hoping to get much needed advice. My husband and I are getting really interested in REI (particularly buy and hold, single-family homes in the Seacoast of New Hampshire or Maine). We are in our early 30s,...
Hello BP Fam, so I would like some insight on what resources you use when you purchase real estate outside of your state. Do you hire a real estate agent and allow them to find you the right deal or is there another r...
Hi all,I closed on a condo in South Boston one year ago, and since then I have caught 31 rats in the finished basement walls. Here's everything I've tried so far to keep them out (some of which has helped, but I still...
What's up guys. New member needs some advice.Recently I came across a warehouse in NY, which is about 5,000 sf. And only 1 tenant occupy whole property and have 10 years lease remaining. Owner ask $950kProperty tax is...
I'm helping a friend out. He's new to rael estate investing and wants to buy an industrial park. How would you go about analyzing an industrial investment. List 549,000Advertised net income is 62,5953 different tenan...
Hello all,
Just over one month ago I finally closed on my first multi-family property. It is a 6 unit property in Jersey City. Below are the income / expense numbers & acquisition costs...