So, I rent out my basement floors to some friends. We have no lease and it was intended to be short term.  The term has gotten longer, which we're ok with, but now they have some "needed maintenance". 1) I have yet to...

A few months ago I bought an abandoned multi family property at a tax auction conducted by the city marshal. There was a redemption period of a few months which allows the owner to pay off the owed taxes and keep thei...

Hi everyone, I just passed my NJ state exam yesterday!  I'm now looking for a brokerage to sponsor me, and I want to know if agents typically get compensation for recruiting new agents?  I'd like to know if they are i...

Hi everyone,
My name is Alan and I have just completed 10 years in the US Navy and am beginning a new career as a real estate agent. I am currently working towards the completion of my educational requirements throu...

Ok, I'm gonna start asking questions.2 years ago I rehabbed a house by bosse high school  (Washington and 41, east side of 41). 700 sqft 2 bedroom 1 bath Repairs came to roughly $30k (strip to studs, all new everythin...

I'm looking for a general contractor in Jersey City, NJ to do a full gut renovation for a 707 sqft rental property.How do I get "Investor Pricing" vs "Retail Pricing" from GCs? The bids I'm receiving vary wildly.Bid #...

Hey everyone,I'm not necessarily looking to do these types of deals anytime soon, but I've been listening to the podcast from the start and keep hearing about syndication and private equity deals.My question is: How d...

Details:Property is a Duplex in Wisconsin, each unit is a 2 bed 1 bathAsking price $48K, would be paying cashComparable rents in the area in similar duplexes via rentometer and craigslist: $700-800/monthCosts consider...

I am a brand new investor trying to figure out my next step. I am currently a salaried employee but am honestly considering a career change. I am serious about starting in real estate and I would love the opportunity ...

I've never done a 1031 exchange before and have a couple basic questions.  FYI I am closing on a property soon (I have a LLC) that I may try to immediately resell.
1. Do you need to have held the property for a certa...