All Forum Posts by: Amul Sutaria
Amul Sutaria has started 18 posts and replied 72 times.
Post: Real Estate Schools in Northern New Jersey
- Rental Property Investor
- Montville, NJ
- Posts 82
- Votes 10
Hello Everyone,
I am looking to get my RE license in a month or so, but I want to know what schools are good. Anyone have any advice or a recommendation?
Thanks!
Post: Real Estate Schools in Northern New Jersey
- Rental Property Investor
- Montville, NJ
- Posts 82
- Votes 10
Hello Everyone,
I am looking to get my RE license in a month or so, but I want to know what schools are good. Anyone have any advice or a recommendation?
Thanks!
Post: Northern NJ Meetup
- Rental Property Investor
- Montville, NJ
- Posts 82
- Votes 10
oh man I'm missing out! :(
Post: New Member in Midland Park, Bergen County, New Jersey
- Rental Property Investor
- Montville, NJ
- Posts 82
- Votes 10
Welcome @Farshad Mansouri !
I am from Bergen county too (grew up there), but I am working overseas at the moment.
Good luck on this new journey!
Post: Investing in the UK
- Rental Property Investor
- Montville, NJ
- Posts 82
- Votes 10
@Karim Shah
I would like some information please! i am currently in the UK!
Post: new member from NJ
- Rental Property Investor
- Montville, NJ
- Posts 82
- Votes 10
thanks for the warm welcome guys!
I am interested in seeing how I can start a part time rei gig while in my present situation. I would like to redo properties and sell them. I am interested in remodeling work, that's mainly my idea...
But where to start? My plan is to get some savings together and then try to purchase my own home which I could over time redo and sell for profit and start from there. I'm thinking around 10k...
Post: Parents' Home Equity
- Rental Property Investor
- Montville, NJ
- Posts 82
- Votes 10
Originally posted by @Steve Babiak:
I cant seem to find what the exclusion amount is in New Jersey...
Post: Parents' Home Equity
- Rental Property Investor
- Montville, NJ
- Posts 82
- Votes 10
Ankit, Thanks for your reply. You bring up some great points to think about.
1. I was just throwing out the 50k as a number, I have no idea how I would start to calculate how it would affect the market value of the property. They are sitting on enough money that we could put in even 100k, but how much that would affect the value, I dont know.
2. I feel like the improvements would be quite simple things. I actually renovated the half bath myself, and it was quite enjoyable (but wouldnt do it again). I'm thinking new floors in the kitchen (which was recently remodeled), and to renovate 2 full baths. The most renovation would be outside actually! The landscaping and outer aesthetic of the house are not nice at all.
How would I calculate how much to invest and how much the property value would go up? appraisal?
Post: Parents' Home Equity
- Rental Property Investor
- Montville, NJ
- Posts 82
- Votes 10
Originally posted by @Bill Gulley:
A doctor and an engineer and you're newly wed and you're buying them a house?
I'd suggest you talk to your parents, they are professionals and probably can think through this issue pretty well. I doubt you should be getting a loan.
I have kids, LOL :)
Gosh...I sound really spoilt don't I.... :(
Post: Parents' Home Equity
- Rental Property Investor
- Montville, NJ
- Posts 82
- Votes 10
I want to take a loan because I don't want to use their money, i want to use their equity ;-)