My name is Omar Ismael. I live and invest in New Jersey. I’m a licensed real estate agent, an investor in real estate and a certified union carpenter. I am also an active buy and hold investor looking to grow my portf...
I see a lot of talk on every RE investment site about buying underperforming apartment complexes and adding value. Laundry, rent raises, storage, parking, etc. Obviously everyone enjoys an undervalued asset. Isn’t t...
Hi BP folks,
I could use some more experienced eyes on this.
I bought a fully rehabbed "turnkey" property from a turnkey provider in a Midwest city 7 months ago. A tenant moved in 5 months ago. I just got a notifica...
In Real Estate, Is Cash Still King?Or is so much cash readily available that having cash to make real property purchases no longer hold the cache it used to?I’m not talking about ability to get financing, or offers fo...
Hello, I am a college student who has saved up money and is looking to invest in rental properties. I have done a ton of research and just want to jump in so I can learn from experience. However, I only have this mone...
Hi all!!I think I know the answer is yes, but I want to get some input.If I profit $10k (or any amount) from rentals and invest all that into the next rental purchase to add to my portfolio, do I pay taxes on that $10...
We have a Co-op apartment that used to be our primary residence but now being kept as a rental. We are debating whether to sell it now to take advantage of the 2-out-of-5-year rule on capital gain tax exclusion, or to...
I was wondering what the expected going costs would be for design and engineering plans for an accessory dwelling unit and garage. We are planning on putting an ADU in our backyard to use as a rental for visiting medi...
I'm working on getting funding for my first BRRRR. I found someone advertising on a local meetup in my area that said "I will fund your deal for 5%". I reached out to him and he says he is a private investor for Chart...
I'm considering converting one of my SFH (4bd/1bth) rentals into a rent-by-the-room situation. All of my other properties have one family in them, however I wanted to consider the possibility of using this new deal to...