All Forum Posts by: Daniel Illescas

Hi all,

I am looking to enter a partnership with one other person to purchase a 2-4 unit multi family property. What is the best way to set up a partnership legally (llc?). Any tips or suggestions are much appreciated!

Hi everyone, I am in my early twenties and looking to get into the real estate game. I am looking at purchasing a multi family property in Northern New Jersey, probably in the Bergen County/Hudson County area. When looking at potential deals, I use the rental property tool to quickly run the numbers to see if it something worth looking further into. My question is, what is the best way to accurately predict expenses such as utilities, insurance and capex? Also would love to hear any other tips everyone has for a beginner such as myself!

Hi everyone,

I'm a college senior who is in the education stage of my real estate investing career. I'm looking to build a multi family portfolio, and plan to begin by house hacking a duplex or triplex, financed with an FHA loan, hopefully doing my first deal by the end of next year. I will be working in NYC but would like to live in NJ, preferably within an hour of the city. My main question is, how do I identify the best NJ submarket to look for properties? I know it might be tough to find a deal with the right price tag, as NJ is a higher priced state. Also, what is the best way to meet real estate agents, lenders, lawyers, property managers…?

Happy to be a part of the Bigger Pockets community!

Thanks!