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All Forum Posts by: Chris Martino

Chris Martino has started 21 posts and replied 141 times.

Post: Where would you invest if you were in my situation (Live by Nyc)

Chris MartinoPosted
  • Rental Property Investor
  • Jersey City, NJ
  • Posts 154
  • Votes 45

Hi @Kurt Kwart, I am in the Philly area and have recently become interested in AC as well. Do you have a link to the meetup you host in the area. 

Post: BRAND NEW INVESTOR FROM ASTON, PA FOR THE PHILADELPHIA MARKET

Chris MartinoPosted
  • Rental Property Investor
  • Jersey City, NJ
  • Posts 154
  • Votes 45

Hi @Salina Robbins, welcome to BP! If you check on meetup.com there are a bunch of local Philadelphia meetups each week where you can meet others in the industry. You can find investors, wholesalers, agents, and lenders at these meetings. It's a great opportunity to network with local investors. 

Post: New investor from the Philadelphia area

Chris MartinoPosted
  • Rental Property Investor
  • Jersey City, NJ
  • Posts 154
  • Votes 45

Hi @Naeem Kinard, check on meetup.com and you can find a bunch of local meetups in the area. Philly has an event almost every day where you can network with others. 

Post: Ian - Introducing myself to all of you & the world of real esta

Chris MartinoPosted
  • Rental Property Investor
  • Jersey City, NJ
  • Posts 154
  • Votes 45

Hi @Ian Thomas, welcome to the site!

I am in the Philadelphia area as well, check out meetup.com for some local real estate events, there is one almost every night here. It's a great way to network meet other investors. 

Post: Mobile Home Financing

Chris MartinoPosted
  • Rental Property Investor
  • Jersey City, NJ
  • Posts 154
  • Votes 45

Hi @Donald Torrence, you can check with smaller local banks in the area as well, they may be able to service the smaller loan. 

Any chance the owner is open to seller financing?

Post: Newbie here wondering about potential markets. Bear with me!

Chris MartinoPosted
  • Rental Property Investor
  • Jersey City, NJ
  • Posts 154
  • Votes 45

Hi @Sebastian Garcia

I have one rental unit in Asbury which I purchased a few years ago by Deal Lake which has worked out great. There has been a lot of plans for redevelopment in Asbury in the past which has not evolved into real progress but this latest push seems to be legit. The area South of Asbury Ave and West of the tracks seems to be the next place to invest but there is still some areas that are a little rough. I would take a ride down and see exactly where the neighborhood is divided. 

Also take a look at this link which contains the redevelopment plans in Asbury:

http://www.cityofasburypark.com/topic/index.php?to...

@Mary Mcallister, I would love to speak further with you since you are familiar with the area and get your thoughts of the redevelopment in the Southwest area. I am looking to purchase a property in that area. 

Post: Need a Certificate of Occupancy?

Chris MartinoPosted
  • Rental Property Investor
  • Jersey City, NJ
  • Posts 154
  • Votes 45

Hi @James Snow, the link below has some additional info on other items you will need for the rental as well, such as the rental license. 

http://www.phila.gov/li/pages/tenantlandlord.aspx

Post: Real estate investing inquiry, help.

Chris MartinoPosted
  • Rental Property Investor
  • Jersey City, NJ
  • Posts 154
  • Votes 45

Hi @Account Closed,

Some places to look into are North Bergen, Newark, Bayonne, and parts of Jersey City. A lot of these neighborhoods drastically change from block to block so you will want to partner up with an experienced agent in that area and give them the criteria you are working with. Best of luck!

Post: Does it exist?: HML on a first flip for less than 3 pts and 12%

Chris MartinoPosted
  • Rental Property Investor
  • Jersey City, NJ
  • Posts 154
  • Votes 45

Great thank you @Account Closed!

Post: Does it exist?: HML on a first flip for less than 3 pts and 12%

Chris MartinoPosted
  • Rental Property Investor
  • Jersey City, NJ
  • Posts 154
  • Votes 45

Hi @Account Closed,

I am in the Philly area and am trying to obtain my first flip. I would love to connect with the HML you mentioned below if possible.