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Hello,I am a new investor from North Jersey about 30 minutes from NYC so multi family properties are a bit pricey here. I am looking to acquire my first multi family property for renting out next year, 2021. I have a...
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Seeking advice from more experienced note buyers. I've been offered a 1st position, non-performing mortgage that has the following status:
There's a second of +/-50k. Home value is about $53k. I rea...
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Hey guys and gals,
I know it might not be a huge deal but after checking out properties for over a year and making many offers, I finally had my first accepted! Duplex in Garfield, Bergen county. 2x 2/1 with a finish...
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Background:My husband and I own a 5 acre parcel of commercial land. It houses our business, but that building & parking, etc. only take up maybe half an acre to one acre total. The rest is pretty much just sitting...
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I have been searching certain areas in Florida (Panhandle Beaches; Disney area; Clearwater to Sarasota Beaches) to buy something as a STR. Looking at average STR gross revenue and the related costs, particularly the m...
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I have had a lot of accountants, some good, some bad, but none of them will do anything but paperwork.
I'm ready for an aggressive accountant.
Where are the accountants that are going to tell me how to write off...
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I am doing a rehab an older house that will be a rental when it is finished and I was wondering, has anyone put an instant water heater in a rental? I have had the electrical upgraded and added a second bathroom to ma...
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I was hoping for some feedback on this idea. I currently rent out a condo I own which cash flows roughly $450 a month. I like the cash flow but don't need it. I bought it in 2013 with a 30 year fixed at 3.66% (owner o...
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Hello BP! Today my offer was accepted for a quad. It’s my first REI deal! All units are tenant occupied and the rents cover my estimated mortgage and maintenance fees and that‘s with me living there rent free! I’m sup...
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Hi everyone,My wife and I have finally found a property that we would like to flip but I am having a hard time figuring out how to put in an offer quickly. Our realtor says that we need to have proof of funds in order...