All Forum Posts by: Bill Polynice

A few fix and flips, average repair/renovation 100-500k. Purchase prices between 900k-2.5 m

Average ARV between 1.5-3.5m

Please message me if seriously interested/further details

Hope all is well with you and yours!

Have access to a pipeline of off market properties/distressed properties. Searching for cash/hard money investors in the Lower NY region and Northern NJ area. I currently have several available and get new ones daily/weekly. Send me a message or text, (917) 409-7259, if you're looking for your next project!

Good Day,

Hope all is well with you and yours. I am reaching out because I've been seeing articles about a senior housing crisis or lack of housing for elderly individuals. I certainly led me to thinking that residential assisted living homes (RALs) may be a valid investment venture to dive into over the next few years.

That being said, I am interested in connecting with anyone who has had any experience with RALs, and similar types of settings, specifically within the states of New York and New Jersey.

Some questions that I have include:

What are the specific regulatory requirements for residential assisted living homes in NJ/NY, and how do they impact operations?

How does the demographic profile (age, income, health status) of potential residents in NJ/NY influence the demand for assisted living services?

What are the key factors influencing the cost of care in assisted living facilities in NY/NJ?

What are the unique needs and preferences of assisted living residents in NY/NJ?

What are the challenges and opportunities in staffing for assisted living facilities in NJ/NY, considering local labor markets?

What are the key financial performance indicators for assisted living facilities in NJ/NY?

Good Day,

Hope all is well with you and yours. I am reaching out because I've been seeing articles about a senior housing crisis or lack of housing for elderly individuals. I certainly led me to thinking that residential assisted living homes (RALs) may be a valid venture to dive into over the next few years.

That being said, I am interested in connecting with anyone who has had any experience with RALs, and similar types of settings, specifically within the states of New York and New Jersey. 

Some questions that I have include:

What are the specific regulatory requirements for residential assisted living homes in New Jersey and New York, and how do they impact operations?

How does the demographic profile (age, income, health status) of potential residents in New Jersey and New York influence the demand for assisted living services?

What are the key factors influencing the cost of care in assisted living facilities in New Jersey and New York?

What are the unique needs and preferences of assisted living residents in New Jersey and New York?

What are the challenges and opportunities in staffing for assisted living facilities in New Jersey and New York, considering local labor markets?

What are the key financial performance indicators for assisted living facilities in New Jersey and New York?

Congrats on the deal! It sounds like you surely had invaluable support in a real estate agent! Hope the growth continues! 

 Hi Julio, thank you for the warm welcome! Looking forward to learning together! 

 Hello Abel, thank you for the warm welcome and I appreciate you sharing a little about yourself! 

Based on what you shared, the experience you've gained through multiple markets and events (Post '08, COVID, "Post" COVID) must be invaluable. House hacking is a truly interesting investment method and I am looking to see how I can get into that within the next 5 years. 

In regards to predictions, I completely understand, it is difficult beyond the local level but I do appreciate what you shared.

Thank you for the response!!

Hope all is well for you and yours! Happy Holidays! 

I am reaching out to inquire about any tools you have all been using that have helped you find potential deals/leads. Im trying to fine tune my process to be more future oriented and not outdated. 

Particularly, some partners and I were discussing some of the newer tools out there that incorporate AI as well as more advanced processes and what may help us. What have you all been using?

I appreciate any and all responses! 

Hope all is well with you and yours, especially during this holiday season and beyond! Though I am not completely new to BiggerPockets forum, I never took the opportunity to make a New Member Introduction. As the title says, I have been business owner (Consulting, Project Management, Property Management) for a few years now but have recently taken a dive into real estate and relating investments. I've began accumulating knowledge from several different sources such as Brandon Turner and the likes, as well as a variety of different podcasts, including the Real Estate Rookie and more.

I have heard the BiggerPockets realm referenced from several different sources and am looking to see what I can learn here because I believe I can never stop learning. Being licensed in New York and New Jersey, I am looking to learn as much as possible from everyone but especially from individuals working/investing within the two states.

Some things, among many others, that are on my mind:

How you got into investing?

What's your current strategy? How does your current strategy differ from your past strategy(s), if at all? How well aligned is your current strategy with your future strategy/end goal?

What are your expectations for the near future of the real estate market that might influence when/how you invest?

Hope all is well with you and yours. 

For how much I've heard about Deal Machine, what I wasn't anticipated how much some home owners would lash back!  One thing I noticed is that they were typically older, but who isn't and still holding property in this day and age. 

Nonetheless, I'm just here to hear everyone else's experiences and determining if I'm some outlier and need to change/adjust anything I am doing.