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All Forum Posts by: Michael G.

Michael G. has started 15 posts and replied 212 times.

Post: Hi There! New member from the Capital of Cool, Brooklyn NY

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

Thanks Darren / Pete ....

Thanks for your advice. Appreciated.

I certainly didn't mean anything specific by it..... in this day and age of NSA spying / ID theft / hacking / stalking / marketing conglomerates scrutinizing everything we do I was always taught to play it safe online....

I'm Jay....pleased to meet you. Looking forward to our future discussions / possibly working with you (all.)

I tried to change my profile name but it didn't let me..... only allows me to change my email.... I will try to coordinate with the moderators...

In terms of my properties, I own them F & C b/c I paid cash for them .... I wasn't comfortable with debt then and tried to avoid it... I pretty much looked exclusively at the Net Cap Rate and compared the properties to other comparable investments....

I think for my next properties I will consider a more conventional financing route

thanks guys...

J

Post: Hi There! New member from the Capital of Cool, Brooklyn NY

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

Hey now! Hope everyone's doing great! I wanted to throw my hat into the ring here and say hello to all the Real-Estate people in this house.

I guess I am a "low-intermediate" Real-Estate investor in that I already own 3 properties outright, free & clear: My primary home, a Condo rental and a 3-family rental. I am also a passive partner in 2 other properties: a 60 unit apt complex and a commercial property.

I would love to pick-up tips on how to become the world's most efficient & profitable landlord/property-manager (including pitfalls to avoid) and I would certainly also be open to additional Brooklyn investments if the math & cap rates were compelling.

Although I already own some property, I'm not so naive as to think that I don't have much much more to learn from you all and I'm looking forward to learning from the esteemed and experienced real-estate professionals on this site.

Any other Brooklyn investors or Property Managers out there? Would love to touch base.

Thanks!

Brooklyn Rocks!

Brooklyn, NY