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All Forum Posts by: Andre Debs

Andre Debs has started 1 posts and replied 36 times.

Originally posted by @Andrew Cornstubble:

@Andre Debs YOU... I'm not even reading past this before i say what 27 other people will.

MOTORCYCLE

I have no idea what you’re attempting to say. 

Originally posted by @Bryan Devitt:

@Andre Debs if you're going to give stats, give honest ones. 2/3 of gun deaths are suicides, how many bike accidents were? Compare accidental deaths to accidental deaths

Care to explain how the stats weren’t “honest”? I wasn’t the one who stipulated deaths vs suicides vs accidental vs anything else. Please read the post I was responding to for context. 

Originally posted by @Nathan Gesner:

@Joe Splitrock that's a fairy tale spread by anti-gunners. You are twice as likely to die in a bike accident, 4x as likely to choke on food, and about 90x more likely to die in a car accident. There are hundreds of videos on the internet of armed citizens stopping crime and the VAST, OVERWHELMING majority of them are untrained people that rarely - if ever - have shot a gun. There are an estimated 1 - 2 million crimes a year stopped by brandishing a gun and fewer than 600 deaths from accidental shootings.

Pepper spray is not as effective. We've all seen people on drugs sprayed by the cops, tased, beaten, and they still keep coming. That doesn't happen when they have a fist-sized hole in their chest or head. And what about the people that are attacked in an enclosed space? Pepper spray will affect them as much as the perp, making it difficult to escape. What if there are multiple attackers?

Everyone has the right to protect themselves and a gun may be the most effective method, particularly for smaller, weaker people. You can choose to use pepper spray or learn how to knee the groin of a man wrapped in a padded suit but I'll stick to something with a little more oomph.

Not that I’m anti-gun but statistics are easily manipulated. There are millions more people who ride drive cars than own guns. food is something you can’t go without bc you die without essential nutrients. And being more likely to die on a bike is a fairytale. Let’s take Florida as an example (which usually has the highest bicycle fatality rate in the United States):

Gun fatalities: 12.6 per 100,000 people

Bicycle fatalities: 5.7 per MILLION people 

Post: Audio cameras in common areas

Andre DebsPosted
  • Westchester, NY
  • Posts 38
  • Votes 52
Originally posted by @Kelly DeWinter:

@Wesley W.

I understand your desire to secure your property and think visual recording of drug dealers on your property is a great idea.

It doesn't have to pass the "sniff test", it only has to be upheld in the courts.

irregardless of your ability to gain consent from visitors to YOUR property, the law is the law. 

There is nothing missing from my understanding or explanation. The statue is simple and concise. You are just looking for validation to place audio surveillance on your property so you keep asking the same question with small variations.

At this point I would recommend paying for a legal opinion or take your chances with your "security guy installer legal advice".

Security cameras have been fond not to deter crime, but only to increase the sale of hoodies. Loss Prevention companies use them to document crimes for easier prosecution, IF they are able to get a good picture of the criminal.

Fun Fact, most state audio recording laws were conceived to protect our 1st amendment rights to Free Speech. The statues we are discussing here are specifically designed to PREVENT recording conversations.

@Andre Debs

. Yes, NY and NJ are 1 party consent states, but ONLY if you are part of the conversation, you cannot audio record a conversation you are NOT part of
. A clause in the lease should state for recording in public spaces, anything else violates the Fair Housing Act. A lease clause will not cover conversations between two people who are visiting the property like two suspected drug dealers.
. Searches at the airport are covered by different state laws.
. Posting signs is informing  someone, it is NOT the same as granting consent. 

I interpret section D of the NJ law differently. 

An Actconcerning the interception of certain wire communications, and amending P.L.1968, c.409.

Be It Enacted by the Senate and General Assembly of the State of New Jersey:

1. Section 4 of P.L.1968, c.409 (C.2A:156A-4) is amended to read as follows:

4. It shall not be unlawful under this act for:

a. An operator of a switchboard, or an officer, agent or employee of a provider of wire or electronic communication service, whose facilities are used in the transmission of a wire or electronic communication, to intercept, disclose or use that communication in the normal course of his employment while engaged in any activity which is a necessary incident to the rendition of his service or to the protection of the rights or property of the provider of that service. No provider of wire or electronic communication service shall utilize service observing or random monitoring except for mechanical or service quality control checks;

b. Any investigative or law enforcement officer to intercept a wire, electronic or oral communication, where such officer is a party to the communication or where another officer who is a party to the communication requests or requires him to make such interception;

c. Any person acting at the direction of an investigative or law enforcement officer to intercept a wire, electronic or oral communication, where such person is a party to the communication or one of the parties to the communication has given prior consent to such interception; provided, however, that no such interception shall be made without the prior approval of the Attorney General or his designee or a county prosecutor or his designee;

d. A person not acting under color of law to intercept: (1) a wire [,] communication except as described in paragraph (2) of this subsection, or an electronic or oral communication, where such person is a party to the communication or one of the parties to the communication has given prior consent to such interception, unless such communication is intercepted or used for the purpose of committing any criminal or tortious act in violation of the Constitution or laws of the United States or of this State or for the purpose of committing any other injurious act [.]; or

Post: Sunnyvale condo not selling

Andre DebsPosted
  • Westchester, NY
  • Posts 38
  • Votes 52

Not really much help here but I’d remove the comment about being in close proximity to highly desirable schools. A tenant with school aged kid/s isn’t in your tenant pool since it’s only 1bd 1ba

Post: Audio cameras in common areas

Andre DebsPosted
  • Westchester, NY
  • Posts 38
  • Votes 52

Moat retailers don’t do audio recording only video recording and the laws on that are much more lax. 

In regards to audio recording, it is possible in some cases to audio record. For example, both New York and New Jersey are one party consent states. This means only one party in the conversation has to provide consent to the recording. If all the tenants sign consent forms as part of the lease agreement, then any conversations the tenant is in will be fair game to record. Unfortunately if multiple visitors come to visit the tenant, and those visitors have a private conversation then I don’t think that applies for consent since the tenant isn’t a part of that specific convo. Also, I have to imagine posting obvious signs will help with the legal aspect. When you visit an airport you automatically give consent to being searched simply by being on airport grounds. Similarly, reading the sign and choosing to have your conversation in an area that’s being recorded could be skewed as consent?

Post: Is potential partner a fraud?

Andre DebsPosted
  • Westchester, NY
  • Posts 38
  • Votes 52

If you have no money to contribute and are only managing the properties, why the credit check to “prove you’re qualified to invest”? If you’re only there to budget and manage then there’s no real reason to run a credit check IMO

Post: How to use credit cards to buy real estate

Andre DebsPosted
  • Westchester, NY
  • Posts 38
  • Votes 52
When you take on passive investors, generally, that means you’re offering securities. If you take them on as a GP and they do not materially participate in the managing, day to day decision making, etc you still likely have a security. I believe there might be some ways around your typical syndication fees depending on if you have a previous relationship with your intended investors, how many investors you take on, if they’re all located in a single state or across multiple states, etc. 





Originally posted by @JJ Raskin:

@Andre Debs I was unaware about that... what fees would I incur from the SEC?

Truth is, this won’t be a traditional syndication. I should’ve used the words raising funds. I’m thinking bring the investors in as GP - just without the voting rights.

Post: How to use credit cards to buy real estate

Andre DebsPosted
  • Westchester, NY
  • Posts 38
  • Votes 52

From everything I’ve been reading on here, a deal that’s worth $380,000 shouldn’t be syndicated. The SEC-related fees will swallow all the profit. 

Post: LOC on a 500k building

Andre DebsPosted
  • Westchester, NY
  • Posts 38
  • Votes 52

Where about in White Plains?