All Forum Posts by: A.L. DeFalco

Good to know! I am in NYC, so not "local" but not "far," if that makes sense.

I think I may have seen a video of yours on Youtube doing an investment breakdown for a property in Albany! Good stuff.

Do you think that if one could negotiate the price with the seller and say, close for $70,000, it might be a worthwhile investment? Of course, assuming you have someone do a walkthrough for any issues.

I'd love to invest in Columbus. I've got $25,000 to put down, make $70,000 a year, and am an OOS investor from NYC. Itching to start but I have iffy credit (working on it!). 

Thank you! I'm just starting to learn so any help is appreciated.

*If* I were in the market to buy, I would want to rent it out. It is a multi-family home. I am still not sure how many units are in this building, but it appears there are at least 2 from previous rental listings I found on Google. There may also be a basement/garden level unit. 

There is a 2 bedroom apartment for rent at 217-19 Lark Street for $1,225 a month, a 2 bedroom basement apartment at 208 Orange Street for $1,200 a month, and what looks to be a renovated 3 bedroom at 199 Lark Street for $1,800 a month.

I'm not yet ready to start investing but I am just wondering, hypothetically, if this house would be a good deal? Link: https://www.trulia.com/p/ny/albany/128-lark-st-albany-ny-122...

From what I understand, Lark Street is a rather lively thoroughfare with lots of shops and amenities. I feel that Albany is kind of undervalued for what it is, and there is both a law school and a medical center in the city. I've looked up rents and cash flow also seems good. Thoughts?

"Cost of living"

I was thinking, too, that this is an excellent deal but I am unfortunately not (yet) in a position to do so. 

Hi all, I am an aspiring investor from NYC not yet ready to pull the plug on an investment property but hopefully soon! I'm looking around Albany to see what my money can afford there. As far as cities go, I like it and I feel it's undervalued for what it is.

Can anyone take a look at this house and let me know what you think? This is of course purely hypothetical as I am not ready to buy. If you were on the market for a house, would this one raise any red flags for you? What jumps out at you as some good things about this house? And what about the bad? https://www.trulia.com/p/ny/albany/128-lark-st-albany-ny-122...

Thank you to all.