I am about to pick up a fix and flip property in Bergen County, New Jersey. I have a 10 day inspection period to perform due diligence and inspect the property. I will conduct the following inspections: oil tank conta...
I had a rental property that I sold to an investor Subject-to my existing HELOC which is a 1st mortgage. My buyer then sold and Assigned the contract to another buyer who assumed the terms. The balloon is due in Au...
Been a member since February but just got around to setting up my profile. Bought my first student rental last August and am working on purchasing a 4 unit very soon. Having a ball with this. I wish I would have st...
I was hoping someone can help me with these terms, specifically the difference between in-place NOI and Stabilized NOI. Also I would like to know the difference between In-place cap rate and stabilized cap rate. I can...
Hi there.......
I was just wondering......Does your contractor provide you with a work warranty after he/she has completed a rehab? I am getting ready to make a final payment to my contractor, but I wanted to make ...
Say I'm looking to purchase a home for 20k with a short term lender. This property is an investment property, and already has a tenant in it paying 700$.
Since I purchased it with a short term lender, I'm looking to q...
Hi Everyone, I had called my insurance company to get a quote on how much it would cost to open a policy for a duplex i plan on purchasing. Turns out they will not provide coverage if it is in a LLC.Do you have any re...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
I owned a mix of SFR and multi- family rentals. Total of 12 doors including my primary. 2018 was a busy year. We purchased a triple...
What are some of the roles that need to be divided in a partnership to try split the work load 50/50?For example, analyzing, marketing, researching, negotiating, RE licenses. . . What else am I missing? What is a good...
Today i began to call some for sale by owner housesIt went not so hot, but i know its a numbers game, lots didnt answer, some straight up said no to owner financing, and some said they recently listed with a realtor,...