I found at gutted house (1675sqft) in a nice neighborhood for $60k. I plan to offer $50k, and I'm guesstimating $50k total for repairs(as did my realtor who used to flip houses) but I'm new to this so I'm not sure how...
I am currently in the process of looking for my first investment property. I was told that its never too early to start looking for quality contractors and a good handyman for repairs and whatnot. If anyone knows som...
I am trying to work out a subjet 2 deal where the balance of the loan is about 50k, the mo. payments are 450(PITI). House needs 10k in work, and will rent for a min. of 1000 a mo. Sec 8 will easily do 1200-1400. The o...
Interesting article this week from Bloomberg: https://www.bloomberg.com/news/articles/2019-07-09/deutsche-bank-lured-staff-to-florida-what-comes-next-is-secretWe're seeing the Deutsche Bank fallout in NY and London. I...
I've inherited two single-family homes that I rent out. The titles are in my name, loan's are in my late-father's name. I want to move these properties into LLC's and then switch the hazard ins. to the LLC's. I'm pret...
Hello,Is anyone knows laws in NJ about real estate contracts? Should the sales contracts be signed by the attorney? Can you give generic sales contract to the seller and ask him to sign it?I know that in NY you can't ...
Just wondering if there could be any consequences on appliances or what not from power being shut off due to failure to pay the bill in the back unit of my triplex.Thanks
I have a lead on a property that is currently in preforeclosure and I want to attempt to purchase the property subject to the mortgage. However, I am having a hard time getting in contact with seller. Would my best op...
Well today i passed my state exam, after taking the real estate associate course 2 weeks ago... What did you do when searching out a Broker? What type of stuff did you look for in one? I have been contemplating betwee...
Hello BP Members!Does anyone know of a website or app that basically will provide a connection between wholesalers and cash buyers? Maybe somewhere where wholesalers can connect with cash buyers in the area and market...