All Forum Posts by: Account Closed

Thank you @Simcha Davidman and @Robert S..  I appreciate your input.  Will keep you guys updated when I find a great deal!  

I am actually having a tough time working the numbers when I analyze properties. Either I'm doing it wrong (not putting all the numbers - expenses, income, etc. correctly) or the properties I analyze are just not great deals. I plan to househack my first property and eventually move out in a year or two and purchase another one. Im unsure as to whether I should add as income what I would pay if I were a tenant or if I should only count the other unit as income and not mine. I tried running numbers both ways but none gives me a good cash flow. I just want to make sure Im analyzing properties correctly.

Thank you @John Leavelle and @Chris Masons!  This helps a lot.

Hello -  I would like to ask investors in New Jersey (or anywhere) about expenses to consider when you are analyzing a multifamily property to househack- snow removal, lawn maintenance, etc.  I just want to make sure I am including every expenses to get an accurate cash flow number. Thank you!

Thanks everyone for the info!

Hello! Does anyone have any suggestions/recommendations on how to obtain a purchase agreeement and assignment contracts for wholesale deals in NJ? Someone told me I can have a lawyer write one up for me. Can anyone recommend a good RE attorney? Thank you!

Hi Kevin! I am a new investor as well in Middlesex County and I am starting my real estate business by wholesaling. Please feel free to PM me. I am also looking to expand my network and connect with other investors, lenders, agents, and other real estate professionals. Criselda Ilao