Education

Are you looking for a house loan? There are a lot of aspects that need to be considered before purchasing a appropriate one. There are a lot of financial loans existing and choosing the one that meets your needs and specifications can be a complex job. Speaking with professionals or economical professionals can help you to get a better idea about the property home mortgages and their costs.Talking about the different kinds of home loans, we can see that home mortgages are of different kinds. Her

So far we have just finished covering topics relating to financing your deals using debt and equity. Financing is usually the biggest impediment to completing real estate deals since without capital you have no deal. On the same token, financing is irrelevant if you cannot find a deal that is worth raising capital behind. So this month we will be covering tips, tricks and methods to finding deals. We will start with defining your investment criteria so that you can use that as a filter system to

In spirit of the upcoming September event regarding creative financing and deal structuring. I wanted to share my quick thoughts on that topic as it is important as a real estate investor to get creative when traditional capital channels keep shutting you down. Never give up on a good deal as there can always be a way to get it funded if you are creative enough. 

What is creative financing?

Creative financing is a defined as acquiring or financing an asset/acquisition utilizing non-traditional fi

Alright, so i had to take a blog break as there are just some things that are outside my control and nothing too exciting has been going on to really talk about...well in regards to this specific project (outside this deal there has actually been a lot of fun stuff and drama stuff going on).  But heres where we are at, the contractor on the job is moving along, limited of course in what he can do because believe it or not, we are still not completely past the town issues we ran into, i know i kn

You have spent hours seeking, structuring, placing offers, and contracting a real estate investment opportunity. Now you a deal locked up and may have gotten qualified for hard money or conventional debt financing but this is not the good old 100% financing days. So that means that you will need to bring cash to the deal to help complete the acquisition. What happens when you are overextended or do not have enough cash? Then understanding syndications can help you get into a deal.

Real Estate Sy

Pricing an investment property can be done through a number of methods ranging from the income approach to the sales comparison approach. Today we offer rules of thumbs to use when try to value assets in an appreciating or a depreciating market.

Market: Appreciating

Rule of Thumb: Use Active Listings instead of Sold Listing to come up with a fair market value of the asset

Rationale: Sold comps are always 2 to 3 months behind in timeline given the period of time needed with financing hence the sold

You know, this business is definitely not for the faint of heart and the ability to adapt and take the good with the bad will show in the end if you will survive in the long run. With that being said, this week brough an inconvenience and some unnecessary stress in dealing with permits and it comes courtesy of the Newark Permit Division.

When you take permits out, the town/city will 1st verify that the owner listed on the permit matches the real owner. Being that we recently closed on this proper

Week 4...Just calling like i see it here...not the most exciting week on the jobsite and for those reading, its not the most OMG exciting reading material either, but as you know we have had basically two set backs thus far...1) the request to change the entire heating system from steam to baseboard and 2) some electrical issues which are now in the process of being corrected. The rough for the new baseboard heat is complete and this week will allow the electrician to tie up all loose ends and t

Alright guys and gals, week 3. If you are like me and planned your rehab right from day one, everything should be smooth sailing, you should be right on schedule, right on budget and there definitely shouldn’t be any surprises because you thought of everything…you did think of EVERYTHING right??? C’mon now, let’s get real here for a minute, its possible that everything goes as planned, but that doesn’t happen on every deal. We aren’t doing a super light, no skills necessary, lets trick our frie

For all you guys and gals out there that are into rehabs...I am talking about House People! Houses!...the first week or so is usually one of the busiest and in my opinion the most exciting (or stressful if you didnt plan right and got some nasty surprises)...and thats exactly what this week was - minus the surprises, well at least surprises i couldnt foresee.

Proper planning and project coordination is key to running any successful rehab project and I have made it so that all my contractors are i

Over the past few months, many people have been asking me about the rehabs we have been doing, and countless times i have been approached by someone who has asked, "Hey, can i tag along with you for one day to see what you do each day?"(kinda flattering actually). So although i have granted this to some, i cant always do it and cant do it for everyone as my time is VERY scarse and  limited. For that reason, I have actually started our first Rehab Mentorship program where I walk everyone through

     "Work Smarter.  Not harder!"

     Did anyone ever get into Real estate to make small sums of money? 

     In 2006, I was working for a bank on Long Island as I had for the better part of my life when a supervisor call changed my way of thinking.  The caller was a former HS classmate having a problem with his accounts.  While not immediately identifying myself and in order to resolve the issue while allowing him to vent, I made a discovery.  He had made a lot of money!

     After having a good

Hello all,

Most people I run into want to know how do they protect themselves from Bed Bugs?  I would wanna know that to, if I didn't already know it!

I wrote a best selling book 2 years ago and it sells on Amazon. I am not getting ready to write my 2nd book and I decided to give away copies of my 1st book practically.

I really want to help as many people as I can stay free and clear of Bed Bugs so here is my offer You can purchase my book directly on Amazon for $14.95 + shipping.

I decided to sell

Did you know you can invest in multifamily real estate through your IRA investment? Just like you can invest in stocks, bonds, and mutual funds, you can also invest in multifamily real estate, tax deferred or tax free, using a self-directed IRA. Most people do not realize it is possible to generate long term cash flow and capital appreciation by investing in multifamily real estate within their retirement plan. I am also not talking about purchasing stock in a public REIT; I am talking about inv

TRISTATE MIXER is currently looking for new committed vendors in our 3 locations. If you have any contacts looking for new business please have them contact me at scottlinde@tristatemixer.com

Some of our categories include:

-HVAC

-Painters

-Rehabbers

-Bankers

-Electricians

-Mold Remediation

-Clean outs

-Mortgage

-CPA's

-ETC

Best thing is, no competition as only one category may be represented at any one location.

Any referrals you have that turn into a vendor will give you a $50.00 credit in your account to

I’m in this game long enough to have seen more ups and downs than all the rides in Disney World combined.

Over the past forty years, the number of houses built each year in the US floated around 1.5 million a year and went just over 2 million in 2005. Then it hit the fan. For the past three to four years, housing starts hasn’t reached 600,000. This isn’t even half of the forty year average.

We’re not talking sales here, though lack of sales is a result. We’re not talking about remodeled houses.

For those of you that have been in the trenches for a number of years this is NOT a new suggestion BUT for those of you Newbies please save yourself many sleepless nights.  BEFORE you purcahse and close on a property no matter how simple and easy a deal looks please get an Oil Tank Sweep done of the property.

I have experienced the dreadful feeling of contamination and the expense of needing to rid one's property of the same.

So not to try to scare you but how does this feel......you buy the reh

This article is very interesting and explains how rental increases have been outpacing expense increases for multifamily operators. A huge part of an owner’s expense is upon turnover, and that has actually decreased by almost 8%: “Another spot of good news for landlords—and wholly reasonable, considering the state of the economy—was that three of the four building types examined experienced a decrease in resident turnover in 2010 compared with a year earlier. Turnover for low-rise buildings with

Many factors are driving demand, starting with the demographic surge of 20 to 34-year-olds, who are typically renters. This increasing population also has absorbed most of the job growth during the economic recovery and no longer relates to the "American Dream" of homeownership.

Christopher Urso