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So I'm planning on attending tomorrow's Morris county auction in Morristown. I'm going for more of a learning experience to see how they proceed. Anyone familiar with auctions? Any tips or things I should be paying at...
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I have 2 townhouses and a duplex. Although I have property, I'm still very much a newbie trying to figure everything out. On each property, the insurance I maintain is what the insurance company has quoted me for repl...
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I have an investment property (thats rented out) that I am paying monthly mortgage on. I still have ~60% loan left the property. I now got cash that could payoff 20% off the loan. Is it wise to close the loan or use t...
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I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...
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Can someone explain the hard money concept in the context that someone knows nothing about it. Terms?Fees?Advantages?Disadvantages?Qualifications?Which method of investing this works best for?Which method of investin...
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I just had new tenants (a group of guys in their 20s) move into a 4-bedroom unit. One of them, who is a contractor by trade, asked if he could install an interior door because it would make the layout of the apartment...
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first time poster and a green hand, seeking advice.
I am interested in purchasing a short sale property.
The seller bought in 2005 for 440K.
short sale listed around 275K about a month ago,
recently reduced the price...
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The law allows us to do straight leases then give homes away to anyone who lasts more than X months. The problems with this method come from the fact that we want tenants to know upfront that they are working towar...
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I know about the 8 protected classes when screening tenants, but fell into a situation today I wasn't sure how to answer. I offered an apartment in the multifamily house I live in to a lady on the phone to come look ...
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15-30 year terms?
Should I plan on hiring a property management company?
Is there software to help you make decisions on property to see if it is a positive deal or not?
Anything else to add that is needed to know ...