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CORONA Mask shortage- REMODELER EPIDEMIC
The masks probably aren’t helping people much against the Corona Virus, but right now, in middle America, there are investors buying up all the dust masks from all the paint stores etc. There’s likely going to be an ...
Jonathan Vinas
Can STRs Work w/ Restrictions In North Nj / NY Self Managed Lake House or Cabins?
Hi BP community!
I’m looking for advice and firsthand insights on operating a self-managed short-term rental (STR) in North New Jersey, the Catskills, Hudson Valley, or Delaware Water Gap areas. My focus is on purcha...
Giuseppe Natale Jr.
Best REI Strategy for Demanding Career
Happy Halloween BP Community!
My name is Giuseppe Natale, first time poster, long time reader. I am a 26-year old (newly minted) attorney from New Jersey. My question goes out to any fellow lawyers—or anyone with a...
Nick Kalinski
Student Debt Hindering Mortgages From Banks
Long time reader, first post. I recently graduated with an enormous amount of debt (>150,000). This is causing my debt/income ratio to be too great for many traditional lenders. I currently generate $3,200/month wi...
Oren K.
Evaluating Laundry Room Proposals
Among other things, I am in the process of remodeling the laundry room in a 3 story, 39 unit property I purchased last year (25-2B & 14-1B = 64 Bedrooms). Currently, the building is set up with 3 laundry rooms, on...
Craig Masters
Do I sell or do I hold now? Great cash flow VS quick profit?
Hey all! Long time reader, hope to start contributing to the community soon. Hoping to get some feedback on my situation, not sure what to do...All these numbers are conservative, I appreciate and understand the 50% e...
Tom Server
Credit score different
So I always thrived on having good credit.. I use credit karma and I go to the major company sites to view my score. I applied for a mortgage for SOFI they sent me a letter with my credit score got sent. My credit s...
Margaret Feit
Depreciation Recapture upon Sale that includes Personal Property
Hi All, I'm trying to wrap my head around planning for capital gains and depreciation recapture if I start to sell some appreciated property within the next few years. I'm also trying to determine whether to take acce...
Kody Crouch
Entity advice for Californian investing out of state
I live in California, and have recently closed my first few real estate deals in Wisconson. I want to create entities to protect my personal assets from consequences of the real estate business.
As I understand it, ...
Michael Morris
I'm Motivated, Are You?
BP readers,For those of you that don't know me, I'm starting out as a cre broker in January and am really pumped up to return from my stint in Australia to get started (although I'm quite happy "down under"). I've jus...