All Forum Posts by: Christian Moreno

Hi Michael, 

What does the local ordinances say about tenants appliances? In some cities that is something that should be supplied by the landlord even if the lease says otherwise.

How to better collapse the system with hand outs because we all know once they are on the hook with subsidies it will be a cold day in hell before they give up a free ride. 

section 8 still pays even though its still our money. lol

Hi William, 

What ever you do decide on should be made to last longer then 5-6 years which I think is what most landlords are most focused on which will give them most on their returns.

 If you go with wood flooring I would recommend any thing made with bamboo which can take a beating and to extend the life of the floor you can add in the lease " rugs most be supplied by tenant in high traffic areas"

For Kitchen Cabinets I wouldn't mind Ikea, its cheaper then the home depot line up and not to mention they can offer lego like buildable interiors but also can offer lots of replacement parts. 

Most of these items are middle of the road $$ but if done properly can look like higher end that will add value to your investment. 

Chris

Lastly, you can never go wrong with subway tiles for bathrooms, not only is it fashionable but its timeless design that you can find anywhere. 

Any fixtures you replace should be done with Delta or 

What makes it such a great deal is the commuting to NYC and the American Dream mall is nearby but like how Mark said before the schools could use some work. 

@Matt C.No problem... I handle lots of roofing projects so if you have any questions just let me know. 

if you are experiencing pooling I would have a core sample done around that area because you could have rotting below the membrane and that could lead to other issues down the line. Does that area seem like its spongy how about below? does the ceiling look like its had recently been painted or water stains around the edges?  If so I would have that core sample done soon before the major rain season sets in.   

Hi Alban, 

I am in Northern Jersey as well and I can probably help you out with this.. Reach out to me privately and lets see we can do. 

If I wanted to get good deals in commercial real estate I would tank it too and get it all for pennies on the dollar.

Usually the real estate market is the canary in the coal mine when gauging economic health of the nation. However, with the quickness of the virus, the first to of seen the affects was Wall Street which as you may have seen in the last few weeks have taken drastic downward spike and some were able to hold on during that time or buy pennies on the dollar.  As some of you may remember the 2008 real estate decline, those with the capital came along and bought up properties at fire sale prices, so if you could... I would wait it out for a bit longer if you really want to buy at rock bottom prices.