All Forum Posts by: Bob Reinhard

@Frankie B.

Congrats!

Each transaction should always be a learning experience.

Bob

@Colin M.

I use Keith Boyer, a CPA, who does my return for the LLC for buy and holds.

He prepares returns also for different colleagues of mine.

He had come highly recommended to me.

He is in White Plains, at 914 693 6022.

Reach out to me if needed.

Bob

@Sean Lynch

Thank you Sean.

Happy New Year to you both!

@Jake Lenderman

Greetings.

How can they be unable to take a 2d position in the house at a greater rate than the hard money Lender? (A greater rate because they are in a second position).

(The hard $ lender won't permit a 2d at the table, but i have heard about a pre-signed 2d recorded after)

If the property value does not support the combined value of both, with the interest etc., then it seems to me that your calculations need reevaluation.

Much success.

@Christopher Pray

Good Morning:

What is the Kurt Vonnegut phrase from Slaughterhouse Five, “Goodness me, the clock has struck - Alackday, and f**k my luck.”

That is how things are now here in the Cuomo's Empire (State).

Having previously been on staff in the State Senate, I can say that nothing works better than being a voting constituent in district to whose representative you complain to. Sadly, If that person is a Republican member, it is like clapping with one hand.  If they are a Democratic member, it is like spitting into the wind. This is the reality. The state has turned socialist to a larger degree on social issues.

In the Assembly, well, it has always been more liberal with a Republican State Senate to keep them in check; but no longer.

The only other thing that really works is money. Pick a close race and contribute to the landlord friendly candidate. And be certain that they know it. Start a collection and bundle checks with other landlords.  Nothing sounds louder than a vote cast and a check being deposited.

Clearly this is not what anyone wants to hear, but if you are looking the create a result, this is how it is done.

Much success. I admire your outrage.

Bob

Greetings @Conrad Martin.  As a buyer, and a lender when needed, I use Yaritza Ruiz of Absolutely Clear Title. .

She has been a real estate paralegal as well as a survey reader for a title company before having opened her own shop.

She is also a member of local real estate meetups.

Much success.

Bob

The state Senate and Assembly voted today , December 28, to pass the Emergency Eviction and Foreclosure Prevention Act of 2020, which will limit evictions and foreclosures on some properties until May 1. Tenants and property owners with fewer than 10 units can access protection from evictions or foreclosures by filling out a hardship declaration form.

Gov. Andrew Cuomo said in a Monday press conference that he would sign the bill into law once it passed. 

Nothing for landlords.

@Sergio Velazquez

@brandon rush

Greetings.

The I-84 MeetUp does in fact meet.

Our next meeting is Jan 12 at the Eveready Diner off 84 in Bewster/Carmel near the Home Depot

On February 9 we will be meeting at the Mill Plain Diner on 14 Mill Plain Road in Danbury off I-84

All meetings begin at 7:00 pm and end promptly at 8:30.

Hope to see you.

Bob

MeetUp host

@Jerome Jackson

Welcome into the area.

We have quite a few real estate MeetUp events in the area as well as a newly reinvigorated Hudson Valley REIA.

Regards,

Bob