All Forum Posts by: Ecaterina Katerina Morosan

Hi Jose, I just PMed you with our preferred insurance agents contacts in NY. Hope this helps!

Hi Rahul, where in NJ are you looking? In NJ, property taxes can be high, so you want to focus on areas with lower taxes. Also, you would want to occupy smaller unit and rent out larger unit for better rent roll. Are you looking for the tenant to cover your mortgage expense completely? That might not be possible in NJ market but it will mostly covered with the right property. 

Hi Carlo, I personally think it's always a good idea to sign a long-term lease over a 12-month lease, especially with a good qualified tenant. No vacancy expense for 2-3 years (that includes vacancy, possible broker fee, unit update after move-out etc). Just make sure you protect yourself with that 30-60 day move out term.

Hi Eliyahu, PMing you now. We just sold two 8-unit properties in Miami Beach and have more inventory.

Hi Kevin, it is a good time to buy now since the demand is low and prices are more negotiable. I'd go with smaller multifamilies for now. If you have enough savings for 5% down, I'd recommend to keep the current condo as a rental and start exploring multifamilies. 

Hi Kathy, our team covers UWS. We've sold coops and condos while working with both buyers and sellers including cash investors. PMing you now

Hi Mark, where in Miami? 

I use Digisign. I created templates that I use all the time without wasting time on filling the forms out. And you can also edit docs inside the software, send reminders to those who didn't sign yet etc. Works for me

Based on your tagged location, I see you're in NYC. Make sure you watch the videos and read BP discussions related to NYC market if this is where you want to buy your investment properties. NYC is a totally and completely different market, and a lot of rules and calculations don't apply here.

On my end, I see it as a great opportunity for any landlord: 3% rent increase, no vacancy, same tenant for years. Try reaching out to investor/LLC owned properties. Good luck!