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Hello,I am new as a real estate investor and I was just wondering where are good areas in NJ to buy a multi-family property for a buy and hold type investment near NYC? I understand prices are higher closer to NYC, bu...
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How do you know your ready to start making offers?
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What would be a beginner's guide to the criteria and ratios that I would need to analyze an investment property? My goal would be to have the property produce positive cash flow even if its $1 a month. I just wan...
In my research I've come across several different formulas people use to determine if a flip is worth the risk. The 70% rule [i]seems to be the most used and discussed (?).
While at a workshop recently I met someone ...
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I feel like the easiest way to explain this is with an example. Say I buy a property for $60k and put in $40k in improvements with a total investment of $100k. I then rent the house out for $1000 a month which would m...
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So what does the forum think is an acceptable amount to try to leverage from a hard money lender for an investor's 1st time out? I'm a little skiddish since I would be dealing with $ not of my own and pressed to make ...
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Hi BP Community!
My wife and I are looking to dive head-first into the REI game -- WOOO. We know that finding and analyzing deals is always a challenge. We currently have an agent who is sending us listings, but anal...
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My name is Floyd Diaz and I am new to this real estate game and would like to learn on how you analyze properties. All tips and guidance is welcomedThanks ~ Floyd
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Okay, so next week I'm expecting to lock up my first deal. It's probate, the one who called me said he inherited it from his father. However, he said he'll have to gather his other siblings as well. If all four own it...
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Hi everyone!
I’m excited to be here and to learn from all of you more experienced investors. I’m in the great state of Texas looking for my first buy and hold deal. Wish me luck!