I am interested in creating a small property management company. I currently have my New Jersey Real Estate Sales License, but not my brokers. NJ law states that to own this type of company one must obtain a brokers l...
I have a duplex, my only property thus far. It is under my name and I am managing it. I would like to expand and I know at some point I will have to set up an LLC. I am facing a huge expense on my property so I was wo...
Brief background: I am setting up a CRE investment company. For a single member LLC, who's only manager/member is me, is it worth filing with an attorney (quoted around $500), or using documents found online now and h...
I have what may be described as "one of those good problems to have". I'm a newbie investor - with one (cash flowing) rented property under my belt. I have a colleague who has some 'extra cash' and has stated a willin...
Hello BP,If I find a good deal on a large apartment complex, but don't have the money for the downpayment ($500-700k), what kind of product or offer can I structure to talk about with friends and family who might want...
Opportunity zones can offer great tax incentives that encourage real estate investors to invest in underutilized and low-income communities. They have become even more popular recently so here are some of the most com...
I would like to share a success story that outlines the importance of networking and the careful selection of location for real estate investing. Two years ago; my wife and I made the choice to move to New Orleans in ...
I am meeting with my property manager today to get my first rental on the market! I am planning to build my cash reserve over the next year as I prepare to purchase another rental. Where should I keep my cash reserv...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kihei.
Purchase price: $831,725
Cash invested: $85,000
Contributors:
Micah Cabagbag
3 unit property locate...
Can you do a 1031 Exchange if the property you buy is a multi family and you live in one unit while renting out the others?