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The beauty of apartments is that it is the one type of real estate investment that is easy to scale and build your real estate business, even part-time. HOWEVER, the bigger upside needs to be tempered with the potential for a bigger losses as well. Make sure that you have looked deeply into each element listed below:


Sub-Market knowledge: Location, Location, Location

The ONE thing that you can’t change about an apartment building, no matter the condition of the building or the great price, is th

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WHEN To Make An Offer On An Apartment Deal

I wanted to answer some questions that I’m frequently asked about multifamily real estate deals and what it really takes to make them happen.

So here is a question I get asked all the time: When do I stop analyzing and make an offer?

I always talk about the importance of laying a strong foundation; being clear on your plan, and making sure that you have a team put together to make sure that you don’t make any costly mistakes.

When do I make an offer on an apartment deal? 

First, Make sure that you’v

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Real-Estate-house.jpgAs a real estate investor, you probably have realized the earning potentials from leasing or flipping properties, but what is in your retirement fund right now? A lot of real estate investors successfully built their wealth upon strategic investments in properties, but their retirement funds are left to perform poorly with stocks and mutual funds. What an Individual 401 k can do is to help investors turn the situation around and start to grow their retirement savings in real estate as well.

Why r

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Lawyer

Municipal Tax Liens Afforded Protection By Court - June 25, 2014

Earlier this week, on June 25, 2014, a decision from the NJ Supreme Court has bolstered the position of tax sale certificate holders throughout New Jersey -- particularly those seeking to enforce their rights and foreclose upon a property where the property owner has sought bankruptcy protection.  It is a landmark decision and it helps to solidify and protect the rights of tax lien holders and investors in a turbulent marketplace. 

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Comments: 1

It’s finally spring (A snowstorm here or there notwithstanding) and its time to shake off the slow pace of winter and get active. Watching things come alive and grow got me thinking about gardens…planting seeds…cultivation.

You might be thinking, “What does this have to do with real estate?” Stay with me here, there are a few parallels.

SPREAD THE SEED
This is a relationship business. Don’t underestimate the importance of creating a strong relationship with a broker in your market. This is how you

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Property management encompasses all aspects of running an income property. From finding and screening tenants, to maintaining the property, collecting rent, and handling any issues that might arise.

While some professional property managers specialize in certain types of services, most are prepared to take full responsibility for your property, unless you’d prefer to handle certain things yourself.

Professional property management can make owning (and profiting from) rental properties a hassle-fre

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Lawyer

Buyers of properties with active tax foreclosures CANNOT simply pay the tax lien at closing; they MUST file a Court motion first in time or else their property rights will be subsequently stripped!

This article is intended to AGAIN provide investors and buyers with knowledge of the NJ Supreme Court’s ruling and directive in Simon v. Cronecker, 189 N.J. 304 (2007) where the High Court condemned the practice of a buyer simply proceeding to a closing and paying off an active tax lien (currently in t

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Lawyer

 By Anthony L. Velasquez, Esq.

On January 29, 2014, the Honorable Gloria Burns, Chief Judge of the U.S. Bankruptcy Court in New Jersey, issued a decision in the case In re Oyster Bay Inn, Inc., D.N.J. Bkr. Case No. 13-22624 (GMB) which may have wide spread implications for property acquisitions that have occurred by way of a tax foreclosure within New Jersey.  Specifically, the Court held that a New Jersey tax foreclosure judgment resulting in a grant of title to a successful lien holder is not a

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Many of us are guilty of it. We all know how it goes…we’ve been hearing all about the volatility in the market and once a month that retirement statement arrives with a seemingly endless amount of pages.

How many of us do the quick once over and the file it away?

How many of us would rather not look at all knowing full well that our day might be ruined in an instant!

I like to call this traditional way of retirement saving the “Park and Pray” plan. You did what your advisor told you to do. You star

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Lawyer

On December 27, 2013, the NJ Superior Court, Appellate Division, issued an unpublished decision denying a homeowner from insurance recovery for vandalism caused to his home, despite homeowner’s insurance, where the owner failed to make necessary changes to the insurance policy and provide notice that he had vacated the property.  In Bulusu v. Allstate New Jersey Insurance Company, A-3694-12 (decided Dec. 27, 2013), the Court found that the owner had moved from the property and left it vacant for

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In this day of e-mail, it’s easy to have your VA (Virtual Assistant) send out form e-mails to prospective commercial brokers.

While I’m a big believer in automation and systems, the broker who receives your impersonal e-mail is probably not going to have you at the top of their list when that perfect deal crosses their desk.

As you know, your level of success in Real Estate Investing is the equals the quality of the relationships you cultivate. Brokers are an amazing resource, and truly a necessar

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Lawyer
August 7, 2013

It is summertime, and that means many homeowners are taking advantage of the good weather and doing improvements on their homes.  Some are landscaping; others are getting a new roof installed; still others are taking care of that long-awaiting new driveway and walkway.  Whatever your project, you should avail yourself of the consumer protection laws that exist for you as a homeowner when you contract with home improvement contractors.

Be aware that most landscapers[1], tree trimmers

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Landlord

Section 8- The Good,Bad and Ugly?

Urban landlord investing combines elements of crime, drugs, boarded up assets, and low income tenants. Within all this uncertainty comes a unique risk adjusted opportunity. This post is going to look at one major tenant type that you will come across: The Section 8 Tenant.

Section 8 ?

Section 8 is a Government housing voucher program that is managed by the Department of Housing and Urban Development. The goal of the Section 8 program is to help low-income, elderly, and disabled tenants afford dece

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Comments: 2

With the economy still on shaky ground and lenders requiring that your deal fit neatly into their guideline box, the ability to raise private money has never been more important. You frequently hear people discussing this topic but you might be wondering – where do I begin?

Having raised roughly 10 million dollars over the last 5 years I’ve gotten very familiar with the process but I am by no means an attorney.  When raising private money please be sure to seek out a qualified real estate attorne

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Lawyer

Here is an article I wrote a couple weeks ago that I thought might be interesting to the Tri-State group members.

Developers Take Note – Land Located Within Wetlands And Subject To The Freshwater Wetlands Protection Act Can Be Searched Without A Warrant (by Anthony L. Velasquez, Esq.)

The NJ Supreme Court recently issued a landmark ruling that permits warrantless searches of residential and commercial property subject to the Freshwater Wetlands Protection Act (hereafter “FWPA”), N.J.S.A. 13:9B-1 e

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Landlord

The Problem: Toilets and Tenants!

When I started looking into what sucked up a lot of time during the week I noticed a pattern. Toilets and Tenants sucked up a lot of my time and the resources of my company week to week.This week we talk about one of my favorite “No Toilet” asset class: Tax Liens.

Why Tax Liens?

I was searching for yield with minimal effort. One night I was digging around the internet for alternative investments within the real estate asset class and I came across Tax Liens/Tax Dee

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Landlord

How to Analyze Cash Flow Real Estate

Have you ever heard of the 2-50 rule? Then you need to read this blog.

Why Should You Learn This Rule

Getting overwhelmed with “prospects” (potential deals) hitting your email on a daily basis. Is it starting to get overwhelming? It was for me as it is a lot to swift through. You need to develop a quick rules or shortcuts so that you can weed through the unwanted prospects quickly and efficiently. 

2-50 Rule To High Cap Rate Investments

The 2% rule says if you can find a property priced such that th

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Landlord

Deal Sourcing from your Chair!

 Today we will discuss using online search tools to help you find potential deals so that you can filter them down.

 

CAVEAT: The best deals are not usually found online since deals that wind up online usually deals that the realtors or their investors did not want to buy. So be careful but use online searches as a business tool to find potentials. You can make a potential into a deal by using your structuring and creative negotiating skill set.

 

I break apart the search location into Residential a

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Comments: 0
Landlord

Finding Deals through Auctions!

Recently I covered the topic of how to find potential deals from the comfort of your chair. Continuing along that theme; I will be talking about s how you can find deals at upcoming real estate auctions in the Northern New Jersey market.

 

What is a real estate auction?

A real estate auction is an innovative and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any property—most certainly including those that are no

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When you’re planning to invest in real estate property, you need to calculate the total amount you can afford to spend. Therefore, a mortgage calculator can help you estimate the total amount you can afford to spend to buy real estate property. Therefore, you’re required to acquire more information on mortgage calculator before you invest in real estate property.

The loan mortgage calculators are designed to help people to determine the amount they can afford to pay off. You’re required to submi

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Wholesale
Fix and Flip

Lawyer

Municipal Tax Liens Afforded Protection By Court - June 25, 2014

Earlier this week, on June 25, 2014, a decision from the NJ Supreme Court has bolstered the position of tax sale certificate holders throughout New Jersey -- particularly those seeking to enforce their rights and foreclose upon a property where the property owner has sought bankruptcy protection.  It is a landmark decision and it helps to solidify and…

Read more…
Comments: 1

It’s finally spring (A snowstorm here or there notwithstanding) and its time to shake off the slow pace of winter and get active. Watching things come alive and grow got me thinking about gardens…planting seeds…cultivation.

You might be thinking, “What does this have to do with real estate?” Stay with me here, there are a few parallels.

SPREAD THE SEED
This is a relationship business. Don’t underestimate the importance of creating a strong…

Read more…

With the economy still on shaky ground and lenders requiring that your deal fit neatly into their guideline box, the ability to raise private money has never been more important. You frequently hear people discussing this topic but you might be wondering – where do I begin?

Having raised roughly 10 million dollars over the last 5 years I’ve gotten very familiar with the process but I am by no means an attorney.  When raising private money please be sure to seek out a qualified real…

Read more…
Landlord

Section 8- The Good,Bad and Ugly?


Urban landlord investing combines elements of crime, drugs, boarded up assets, and low income tenants. Within all this uncertainty comes a unique risk adjusted opportunity. This post is going to look at one major tenant type that you will come across: The Section 8 Tenant.

Section 8 ?

Section 8 is a Government housing voucher program that is managed by the Department of…

Read more…
Comments: 2
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