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All Forum Posts by: Adam Jernow

Adam Jernow has started 12 posts and replied 44 times.

Post: Seeking Short Term Unsecured Loan. NO RISK

Adam Jernow
Posted
  • Lender
  • New York City, NY
  • Posts 47
  • Votes 12

Sure. I'd like more information.

Post: Buildium Referral

Adam Jernow
Posted
  • Lender
  • New York City, NY
  • Posts 47
  • Votes 12

Buildium is  pretty great. We manage about 300 units of all sizes on it.

Let me know if you need a code or referral. I got a guy there. 

Post: Need help with Property Management issue...

Adam Jernow
Posted
  • Lender
  • New York City, NY
  • Posts 47
  • Votes 12

Hi Jeff,

A good to great management agreement could help here. One stipulation in that agreement would be how much they can spend without written approval. 

As a management firm and an owner, we are sometimes surprised by how much vendors charge sho we strive to get written proposals(not just estimates) beforehand. The issue they comes up is balancing time required to price a job vs the money needed to get it done. This is especially true around tenant move ins. The best advice they I can offer is to have a process or system for your properties. A BP podcast had a guy with Buildium who was using multiple managers and cobbling together a best practices system. I hope this helps you.

Stay in touch.

Post: Contractor recommendation in Jersey City, NJ?

Adam Jernow
Posted
  • Lender
  • New York City, NY
  • Posts 47
  • Votes 12

Hi All,

If you have used a good contractor in or near Jersey City for a rehab, flip, etc. can you post their name here? 

I'm looking at a full gut of a distressed single family house and the numbers seem to work. Thanks. 

Adam

Post: Contractor recommendation in Jersey City, NJ?

Adam Jernow
Posted
  • Lender
  • New York City, NY
  • Posts 47
  • Votes 12

Hi All,

If you have used a good contractor in or near Jersey City for a rehab, flip, etc. can you post their name here? 

I'm looking at a full gut of a distressed single family house and the numbers seem to work. Thanks. 

Adam

Post: Awesome online resources I have been using for researching properties

Adam Jernow
Posted
  • Lender
  • New York City, NY
  • Posts 47
  • Votes 12

This was a very good thread . I like neighborhoodscout as well.

I haven't tried ziply yet but want to.

Back to work!

Post: Rent Multiples in Manhattan, NYC

Adam Jernow
Posted
  • Lender
  • New York City, NY
  • Posts 47
  • Votes 12

Hi All, 

What rent multipliers are people seeing for free market residential buildings in Manhattan? Asked during summer of 2015.

Thanks

Adam

Post: Converting a Six (6) family walk up from Left/Right to Front/Back

Adam Jernow
Posted
  • Lender
  • New York City, NY
  • Posts 47
  • Votes 12

Thanks Carl. I'm pretty sure that an architect or developer on here will have plans that can be modified easier than from scratch. 

This is a pretty common building plan in NYC's five boroughs where many lots are 25'wide. It is typical for 6 and 8 family buildings built 1915-1938 I believe. 

Thanks again. 

Post: Converting a Six (6) family walk up from Left/Right to Front/Back

Adam Jernow
Posted
  • Lender
  • New York City, NY
  • Posts 47
  • Votes 12

Hi

This is a vacant building. The apartments are set up on the left/right configuration similar to a railway flat.

I'd like to convert them to a two bedroom configuration with a front back setup so that we double the number of bedrooms.

Someone must have blue prints for floor plans to do this.

Adam

Post: Converting a Six (6) family walk up from Left/Right to Front/Back

Adam Jernow
Posted
  • Lender
  • New York City, NY
  • Posts 47
  • Votes 12

Hi All:

I'm looking to convert a 25' wide by 70' deep three story walk up building from left/right one bedroom apartments to two bedroom front/back apartments. 

The building is midblock.  There must be plans out there to incorporate french doors (for light into the living area) and thereby double my beds.  

Thanks for any help. 

Adam