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Is anybody currently investing in the Newark NJ area? I know the city has been improving and trying to drive in new businesses over for last 10 years. Just wondering if anyone has been investing in properties here rec...
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Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
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Locations of high concentrations of technology workers are, more often than not, found in coastal cities such as Seattle, the San Francisco Bay Area, Boston or New York and New Jersey. However, there are some places, ...
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My dad is a real estate attorney. He and I are debating whether or not wholesaling is legal in CA. He is arguing that it should not be done without a broker's license. He says bringing buyers and sellers together i...
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Hi Everyone, long time lurker, first time poster. I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...
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Hey All,
I've become interested in the idea of a self directed IRA as I'm growing increasingly put off by my Edward Jones dude trying to convince me that a 6% rate of return is awesome. I'm also looking into the pro...
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This is a not happy post and we feel like we are in a difficult spot. I did my first Brrr property and things have been tough from the start. I was able to get the property renovated, refinanced and listed with a prop...
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Hey Guys!This question comes from my search in finding the next stage of funding after I max out my 10 conventional 30-year Fannie Mae Mortgages for our rental properties. We've met with several commercial/portfolio l...
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Hope this finds everyone doing well. I will be moving to the North San Diego County, CA next summer and am wondering what buy and hold strategies are working there? Is it mainly single family homes, multifamily, condo...
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Hello, I’m considering turning my primary residence into a rental and moving out of state. It’s a 3000 sf 5 bed 3.5 bath new build (2022) with really nice finishes. We bought at the peak of the market in 22, and can’t...