All Forum Posts by: Brian Charles

@James Hamling u are definitely right their a lot of red flags on this deal but explain a bit the property is in NY and the owner live in South Carolina I’m sure he hasn’t done any repairs in quite some time but I spoke with the tenants and none seemed like payers from the jump. I’m sure he didn’t screen these ppl properly at all. Now he just wants to rid the property but can’t get rid of the tenants. I won’t waist much time on this deal but I’ll keep leaning on him till I can negotiate an irresistibly number

@Brendan Curley thanks for the feedback brendan

@Brendan Curley I figured it wouldn’t be easy to evict someone in this climate. Cash for keys sounds like an option to investigate. I’ve heard it b4 but now I need to figure out how to execute it without getting screwed

@Brendan Curley Roosevelt/ Freeport area

Ok guys so I need some advice on this potential deal. I have a highly motivated seller that lives in South Carolina but owns a investment property here in my area Long Island NY. It’s a 1 family split level ranch that he was collecting 2 incomes off it. Both tenants haven’t paid him in over a year and he’s fed up and really looking to rid the property

Now for the numbers house comps at 490k I got him down to 323k so far and I know I can get him lower. The property does need work I say between 50-70k in updates. I already know at 323k that’s a pretty good deal the problem is he can’t rid the tenants and he’s looking to go as low as possible to sell with tenants. As I know this deal is NY ... in times of covid. I need to know what’s my options provided I take this deal and what’s my options on how to rid the tenant???

@Jeff Cichocki thanks Jeff appreciate and will use ur info

@Stephanie P. Thanks Stephanie

@Odie Ayaga appreciate the info Odie

@Dave DeMarinis thanks Dave

Newbie investor looking for a hard money or private money lender....little too no money down. Looking to do business based on the deal.