Hi.
I am pretty new at this game, so please excuse me if what I describe is routine. In summer I put a short sale under contract with the seller, awaiting a reaction from the bank. Nothing moves for almost fo...
I have been looking at a bank owned 6 unit property that has been on the market for over 700 days. It is owned by a local bank. They are asking $195K. There are 5 - 2 bedroom and 1 - 1 bedroom apartments. Most of the...
Hello everybody this is my first post so I hope this is in the right spot, just looking for some advice or suggestions on my situations. So here's my story I am currently looking to purchase my first of hopefully seve...
I'm looking to purchase a newly renovated 2 family home in Jersey City Heights less than a block from public transportation into the city. The home is selling for $509k I am thinking of putting in an offer for $490k (...
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
So I am back at it with these low purchase price condos.
This is for a 1br/1ba downstairs unit in a 110 unit complex.
Current owner bought property 6 months ago, rehabbed it and is flipping it (I talked...
On this thread I would like to know the opinions of professionals if a beginner or an investor with a few years experience wanting to make a living from real estate would be better off putting all of his energy into
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I'm working on my investment spreadsheet and have been doing some reading on the topic of Cap Ex. Some people use a number like 10% of the income, but many suggest itemizing your expenses over their lifespan is the mo...
I am trying to learn about annualized return, cap rate and gross yield percentages. I am not a numbers person so if someone could break this down on a simple level or direct me somewhere that could I would appreciate it.
I would like to get some feedback from anyone on some Qs. I have a property here in Baltimore that I am looking to rent with Section 8. (3 Beds 1 Bath). I am very new to this, and aware of some happy endings and disas...