All Forum Posts by: Brian Liscio
Brian Liscio has started 1 posts and replied 82 times.
Post: how do i mind a real estate mentor??

Brian LiscioPosted
- Little Falls, NJ
- Posts 85
- Votes 49
Save that 2k for mistake you will make (It happens to the best of us). The best course is real life and of course BP podcast.
I'm big on processes, so feel free to reach out if you have any questions.
Post: Rental (Bound Brook NJ)

Brian LiscioPosted
- Little Falls, NJ
- Posts 85
- Votes 49
Hi,
I have few properties in an AE flood zone.
You definitely should factor in the cost of flood insurance and loss of rent in the event of a flood. Have all your ducks in order; be ready to repair as soon as the water is out.
Yes the rent will be slightly lower and property value won't increase much since not everyone want to move to a flood area.
The good thing is you probably pay lower taxes to wash out your flood premium and hopefully the cost of the house helped increase your cap rate. Hope this helps!