All Forum Posts by: David Lichtenstadter

Lyndon Timbang welcome!! How are guys trying To get deals ?

Rashard Brooks get MLS access if you “will” not have the right ARV Or you have to know the neighborhood inside out

Brian Burke how would you analyze a deal that’s 50% vacant ? I️ understand that chat the buyer dose not deserve half of the units for free but the buyer can’t only base the NOI off of the projection, furthermore Herat do you do when you vacant apartments need rehab ? do you put that in your cap rate analysis (your offer) or only into your IRR analysis ? Thanks, David

A wholesaler is in the sales business within the real estate industry. A investor dose the following in·ves·tor inˈvestər/ noun a person or organization that puts money into financial schemes, property, etc. with the expectation of achieving a profit.

Vincent Villani sorry I️ can’t answer you regarding Middlesex County

Vincent Villani Bayonne will take a bit longer to appreciate, however if you buy in right location it could be appreciating significantly, Try to buy as close as possible to the light rail stops also the higher number streets I️ believe they will take longer to appreciate since it’s close to Greenville, also try to focus to buy close to the main shopping drags

Mark McDonnell You should definitely have a look at Bayonne, in Regards to Jersey City Greenville section still has a long way to go, rather have a look at Bergen Lafayette,

Todd Dexheimer thanks for contributing to this community BTW I️ also recently bumped into your podcast

Michael Willis I️ would sell the condo and 3 fam (depending on which neighborhood it is) And 1031 into a 12 unit in the upcoming neighborhoods of Jersey City, but one drawback might be that those kind a assets trade at 5-6% cap rates

Lisa V. If you are a Flipper might be a good place to sniff out who your buyers demographic will be one day