Welcome All Investors! Event is from 6:30 to 9:30 PM Guest Speakers - Francisco Garcia & Lorena Alvarez Topic: Short-Term Rentals in the Poconos: 4 Years, 5 Rentals, $1.1M in Revenue Francisco Garcia & Lorena Alvarez are a husband-and-wife team of real estate investors and short-term rental hosts...
For homeowners who live in one unit of a 2 family and rent out the other, what percentage of their total housing expenses (PITI) do you consider great and average for the rental unit to cover?
Husband and I are looking to finance a single family home in Delaware. I got a couple of quotes for DSCR loans, but they seem high. 20% down on a $630k property, for $505k loan @ 7.5% (or buydown with 2 points to 5.5%, 1 point to 6.375). Husband and I are purchasing for AirBnb purposes. High seas...
Calling all levels of investors! Come out and join us for our monthly real estate meet up to network over a beer and some food! Welcome All Investors! Event is from 6:30 to 9:30 PM Guest Speaker - Jason Silverman Topic: Raising Money, Partnerships, and Navigating the Current Market Jason Silverma...
As the title suggests, I’m considering refinancing a duplex of mine. I bought the house back in 2021 using an FHA loan and lived in it until this past November. The rate is 2.75% and the monthly PITI is about $3,000. I took a HELOC out on the house about 2 years ago now, that payment is about $80...
Hi how is everyone? I just have a quick question. Do you have any advice or guidance on what i should look out for and pay attention to while wholesaling real estate out of state?
Hi everyone, I’m in the middle of closing on my very first real estate investment property and would love to get some perspective from seasoned investors. On paper, the numbers work out great, and the property currently has an active Certificate of Occupancy (CO), meaning it is legally and operat...
Hi, I’m Abhishek Sinha, based in New Jersey, I already own few long-term rental. Now I’m focused on breaking into short-term rentals . I’m currently evaluating whether the STR Like the Best concierge program by Michael Chang is the right fit for me versus other programs. If anyone here has been t...
Hello everyone! I did a new member intro maybe a month ago, and haven't been as active on BP since I run a mobile detailing business out here in NJ and have been slammed for the summer months. I am currently in college and very interested in getting into REI. I am in a local networking group wher...
I am looking to run an analysis on a rental property, but it only gives me the option for purchase. Does anybody know how to switch it to analyzing your current property that you're going to be departing and turning into an investment property?
I made the deductions from a security deposit recently and got sued. Reason being cited: failed to itemize deductions by grouping deductions, including wear and tear items, using inflated estimates. I have the receipts. what should be my recourse? I can think of counter suing for more items i fou...
Good evening, everyone I’m looking to rent my 3 bedroom and 2 bathroom apartment in Garfield New Jersey. I’m having a hard time finding a tenant. I bought the house last month and I need on what free platform to place my apartment to get more exposure. I’m looking to rent it for 2900 dollars, and...
I'm looking for some advice for my parents. My father is 72 and my mother is 65. They're old-school Italian and have lived in the same house for many years. They're both collecting Social Security. My father is self-employed, has no pension or retirement savings, and still works about four days a...
I bought a property which has 5 bedrooms in the first level that is zoned for both residential and limited office which can be used for professional offices, medical office, etc but no retails. I dont have any experience with commercial renting. Do you think it is best to have it rented out as a ...
Welcome All Investors! Event is from 6:30 to 9:30 PM Guest Speaker - Eddy Alay Topic: Tax Savings For Real Estate Investors Eddy Alay helps real estate investors and business owners keep more of what they make. As founder of Alay Smart Accounting, he believes taxes are the biggest expense most in...
Our story: 1. We purchased our current home for 699k in 2015 with a 15-year mortgage. We will pay off our home in a few years in 2030. 2. We purchased an investment property - turnkey during COVID in Lubbock, Texas for 249k. This property hasn't been cash-flowing. Currently, we have built up lots...