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We are doing our first 2 flips simultaneously. The 1st was pretty much as expected. The 2nd was the typical nightmare that you hear about so often from other investors.Our original costs were $26k, which was a signe...
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I signed a tenant who has her and her daughter on the lease. Soon after moving in a see a man moving in with her who turns out to be her fiancé. I spoke with her and let her know per lease if he’s going to be there 10...
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Background:
Hi,
I own and live in a two family home where I rent one of the apartments (above mine) out to a small family. The apartment is a renovated 3br, 1 bath in northern NJ with heat and hot water included. Th...
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Hi all, Any other architect-turned-developers out there? I would love to hear about what you're doing!
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A bit of personal background. I am currently residing in southern NJ, just over the bridge of Philadelphia. I work a typical 9-5 corporate job. I am very new to real estate, just a couple of month. My rental apartment...
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I hear a lot on the internet that no matter how you set up your business structure for asset protection you want to have your main holding company that owns all of your other LLCs out of Wyoming, Delaware, or Nevada f...
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I have a new tenant and this is my first rental property who has had the property for a week now. He hasn’t moved in yet to be fair but in his lease I noted that tenant must transfer utilities with in 3 days in his le...
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We hired and Architect for rehabbing our multi unit property in North Jersey . We paid him in full and then some. My contractor says the plumbing drawing should show different plumbing lines going to different units ...
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Many questions come in regarding buying at foreclosure auction - whether it be a sheriff sale or a trustee sale. So here is a round up of some threads that cover the gamut of topics that have cropped up. Enjoy the s...
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I stumbled across this lawsuit while looking for something else.As I have mentioned before in this forum an LLC that is not 100% property ran can easily be pierced and the owner sued personally.Here is an example of w...