All Forum Posts by: David Medina

i told her that i was not going to renew the lease. There is still a month left to the lease. She says i threatened her. I explained  that renewal if the lease is not obligatory on my part. 

town of islip in bay shore

I am about to have a fight with my existing tenant. She never maintained the pool and the county was called and now i am being served to appear in court. She kept an unregistered an inoperable vehicle on the property which i must appear for as well. She did not maintain the yard...being cited for that 2. Twice has not come through on rent. So i either fight this out....which i dont have the funds for or find someone with deeper pockets than me. Thoughts or advice appreciated. As for an attorney in suffolk county...if anyone can point me in the right direction i would appreciate it. Fed up with the crap already

Im curious to hear from those have successfully wholesaled properties here in the NY Long Island area. NY city Long Island...heck NY as a whole along with California are unique markets. Id love to hear from those who have navigated this unique market successfully and how you started if you could please. Thank You

@Brian Bradley Great post...great advice

@Chris Jensen Chris...i really appreciate your response. It makes sense. Its been a struggle for me. I see thr success around me and want the same for my family. Cant thank you enough for such a well thought response to my question

@Ken Nyczaj wow....that is great Ken. It helps me a great deal to hear that. Its hard when you know there is a way out but you cant get there yet. I know i have the capacity to do this but circumstance makes it all the more difficult. Thanks for that advice Ken.

@Jeff Ronningen Very Observant. you are correct. Well Paid. Have a family of 4 to support..on a single income. Heavy debt at this time....I do own a home that we bought December...I rent my old home. That is not going that well but its ok at the moment. The home I have is too new to have any equity to tap. I agree...it would be quite difficult with a full time job. But I know i need to make a change. As far debt...yes a little too much right now.  2 car notes....some other long term expenditures...plus a large IRS debt to pay off. Has not been easy. Rather than pity myself on poor moves in the past...trying to be smarter moving forward

@Jim Pellerin The Wholesaling was going to be my 1st choice. I am trying to see about working together with the realtor I know. We want to pitch to my friends who invest, that between the realtor and myself we could find properties of value in the Long Island area they could invest in. Legally, they would have to work with the realtor on this...my function would be to watch learn and assist.  The realtor said that perhaps since I would help them, in the end if a deal works out, we could agree on providing me only a small fee for helping. the realtor keeps his commissions etc. I could at least learn and start with some sort of money out of the learning experience. Perhaps its a stepping stone. Thanks for the advice. 

I appreciate the insight on this.  I am far from being able to use these platforms.  I was just curious to how seasoned investors leverage these platforms in their portfolio.