All Forum Posts by: David J Warrick Jr

I don't know of any programs, but i myself have been looking at some of the property on the MLS with the hope of possibility Brrring a few duplexes. But I've wondered the same thing, if a bank would refinance them one I fix them.

@randiplevy can you send me the info please

Thanks for the reply's, and more importantly the information. I Have not gone to see this property. I am looking for a good property with good numbers to show a friend with capitol who may partner with me on a BRRRR. I will update and use the information I missed on next one and do appreciate it.

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*This link comes directly from our calculators, based on information input by the member who posted.

@Olusola Abitogun Any further information, photos? Price? Location?

@Shawn Norville So after some research and consideration I decided to go meet with my current accountant to see what his background with real estate business and taxes are. He actually was quite knowledgeable and seem to have a good grasp of the different tax laws related to real estate were. So I ended up deciding at least for now to stick with him. I do appreciate the recommendations I recieved from everyone here on BP.

@Stephen Chatto thank you, I will definately reach out once closer to that point of needing one. @Gary Barella the city is rough, thats for sure. However there are still good people in the city who need housing. Some areas are better than others that is for sure, some areas are not safe at all, but some prices are low and rents are similar to neighboring towns with much high prices/taxes, from what I see. Its just like any city, goods and bads, highs and lows.

So this thread is great. I'm right next store in Hamilton, but looking in the city to get started with Multi Family properties, prices and taxes are super low compared to Hamilton. I will definitely be reaching out to a few of you when I'm closer to buying Especially @Matt Faircloth. Right now this is all good to know to get started on my research. However, the city makes me nervous as if my first one is a dud it could stunt my portfolio growth for a while if I end up needing to make a ton of repairs or evictions. Also can anyone recommend a good property manager in the area? It seems important yet I only noticed one post about it and it was all negative. Thanks

thank you for the recommendations. i will take them into consideration and be reaching out to them and others. @Dan Barli @Jessica Zolotorofe @Michael Plaks

I need a suggestion for a local Accountant. I'm in Hamilton, NJ in central NJ. Hoping to get someone within and hour or so and someone who can do all my taxes so I know what my payment to Uncle Sam is gonna be come next spring. Any help is much appreciated.