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All Forum Posts by: Christian Reyes

Christian Reyes has started 11 posts and replied 81 times.

Post: New to Investing RealEstate

Christian Reyes
Pro Member
Posted
  • Real Estate Agent
  • Garrison, NY
  • Posts 92
  • Votes 24

Hey pal and welcome to the Real Estate world. You're going to want to read up as much as possible. Listen to the podcasts and start saving. The Juice is worth the squeeze!

Post: NYC or Fairfield County Multifamily

Christian Reyes
Pro Member
Posted
  • Real Estate Agent
  • Garrison, NY
  • Posts 92
  • Votes 24

Hello  @Colet Coke and welcome to the forums. You'll find a lot of useful information here. I strongly suggest you read up as much as you can and put the knowledge into practice.

First and foremost, you may want to  enlist the service of a Real Estate Agent in the market you are looking to invest in. You'll want to know your numbers, be pre-approved, and be willing to be coached on how to go about purchasing investment property. If you choose to go at it alone, that is fine. Just be prepared to do a lot of the leg work.

Then the shopping begins. Explain to your agent what numbers you would like and he/she will present you with properties and hopefully do the analysis for you. They will likely want you to sign an Exclusive Right to Represent as most agents wish to have some assurance in writing for the amount of work it takes to analyze properties and show.

And ask questions! Ask many many many questions!

Post: Newbie from Stormville New York

Christian Reyes
Pro Member
Posted
  • Real Estate Agent
  • Garrison, NY
  • Posts 92
  • Votes 24

@Bill Dengler the market is great in Garrison s an Agent. As an investor, C houses are hard to find. Most houses are well kept in this area so they're few and far in between. However, Putnam in general has plenty of opportunity. However, you may not see returns like you would in Newburgh.

Post: Renovation, Gut, Pricing, Estimating, Time Frame, etc

Christian Reyes
Pro Member
Posted
  • Real Estate Agent
  • Garrison, NY
  • Posts 92
  • Votes 24

Your best bet is to have some contractors go in there and make a bid. These questions are much easier to answer when you have been in the property and can see what repairs and to what extent they need to be...

Post: is there a chatroom?

Christian Reyes
Pro Member
Posted
  • Real Estate Agent
  • Garrison, NY
  • Posts 92
  • Votes 24

Oh No! I'm sorry to hear that! I feel like if there was a chatroom, I'd guarantee be in it every day while at my desk. Haha!

Post: is there a chatroom?

Christian Reyes
Pro Member
Posted
  • Real Estate Agent
  • Garrison, NY
  • Posts 92
  • Votes 24
Forgive me if my phone limitations kept me from finding the appropriate link. I am looking for any indication of an active chat room. I thought for sure I saw one once a few years back. Anyone know what happened?

Post: Newbie from Stormville New York

Christian Reyes
Pro Member
Posted
  • Real Estate Agent
  • Garrison, NY
  • Posts 92
  • Votes 24

Welcome Biggerpockets @Bill Dengler. You're find plenty of great information on here! 

Looks like you've got yourself a pretty great set of goals there! Great stuff!

Post: Towns similar to Newburg but with less crime ?

Christian Reyes
Pro Member
Posted
  • Real Estate Agent
  • Garrison, NY
  • Posts 92
  • Votes 24

Wow. Lots of good insight here. I'm following this for the next few years.

Post: WHAT?! BP has a chat room?! No way!

Christian Reyes
Pro Member
Posted
  • Real Estate Agent
  • Garrison, NY
  • Posts 92
  • Votes 24

As of today. I don't see a chat room. A chat room would be nice for those of us looking to chat real time!

Post: Looking for a Westchester New York agent!!

Christian Reyes
Pro Member
Posted
  • Real Estate Agent
  • Garrison, NY
  • Posts 92
  • Votes 24

Hi @Andre Calvi and welcome to BP. You'll find this place is great for learning and networking! Congratulations on your decision to get in on the action! Westchester Multi family is tricky at the moment as it is a sellers market and inventory is low at the moment.

Have you worked out your Financing and what kind of returns you are looking for?