Socrates Ayvaliotis
Converting 3-Family Shared Heating/Hot water into separate units
Hi -
I am currently under contract for a 1960's era home in Jersey City. The home has a central Oil-Fired furnace which provides both heat and hot water to all three units. The current owner has agreed to remove the...
Nick Belancin
Sifting through "viral" posts to find the best OPM strategy
I am somewhat of a seasoned investor but my portfolio recently shrunk to zero and I am looking to grow my portfolio once again.Backstory:I had a number of recently renovated cash flowing properties that were 100% paid...
Julio Gonzalez
11 ways to lower taxes when selling your property
Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...
Russell Grevler
Hello from Catskills, New York!
Avid podcast listener, but first time dipping my toes into the website and now this forum! My limited journey in real estate has now led me to BP.
A bit about my journey so far - I was finally able to purchase my fir...
George Smith
BRRR Analysis on 2 Family
Im looking at 2 family which will be bought as follows:20k Cash84,300 Private Money LoanI have a bank that will refinance at 80% LTV (130K ARV = 104K mortgage).I understand that the TOTAL Cash Invested shows 0.00 but ...
Sylvia B.
Please explain cap rate
First let me be sure I understand what it is.
Capitalization Rate = Yearly Income/Total Value
Now right here I already have a problem. I would expect "Total Value" to be what it cost me, but apparently ...
Jennifer Ryan
When hiring a Property manager what is on your check list?
What do you look for when hiring a property manager?What are some red flags that tell you to avoid that property manager?
Jared Ebert
Buying 2 Apartment Buildings at Once
This is all very tentative, but I may have the opportunity to buy 2 multi family properties in a solid B, borderline A class, side of town. One is a 7 unit which matches the area. The other is a 6 unit which I would ...
Matthew Amabile
Please Evaluate my Deal
Please Evaluate my deal:This is a cash deal being done in NJ. If there are any numbers that look low, please let me know. I plan to have this as a buy and hold for a while. This is a mostly CASH deal in west New Jerse...
Seth Lipper
Question about BRRR & Refinancing
Hi Everyone,I have a few simple questions regarding BRRR and subsequently refinancing that property. I am located in the tri-state area and am looking to grow my portfolio. I currently own one buy and hold three famil...