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All Forum Posts by: Faysal Alam

Faysal Alam has started 21 posts and replied 148 times.

Post: Is this a good deal ?

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@John B. Yea water and garbage . I'm trying to figure out how much that will cost me . I'm thinking about self managing to increase the cash flow . It's 2 hours away . Do you think that's a good idea ?

Post: Is this a good deal ?

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@Frank Procopio the property is in Newburgh new York

Post: Is this a good deal ?

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@Frank Procopio how would I know what class property it is ?

Post: Is this a good deal ?

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@Frank Procopio I think only one is a section 8 tenant . And no property manager . Just my own estimate .

Post: Is this a good deal ?

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@Steve Hall not that I know of . I was a bit off on the taxes it was actually 848/month last year and insurance would be $271/month

Post: Is this a good deal ?

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@Chase Louderback also and update . Taxes are $10170 or $848 . And insurance would actually be closer to $271 . The property is an 1 1/2-2 hours away do you think I should self manage ? How would I handle things like snow removal and things of that sort

Post: Is this a good deal ?

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@Chase Louderback I think the $1000 section 8 tenant keeps his stuff in the garage .

Post: Is this a good deal ?

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@Frank Procopio how much should I estimate for repairs ?

Post: Is this a good deal ?

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@Steve Hall that post was based off properties in New York City which are around anywhere from 400 k to 650 k the ones I was looking at . And it was for property that I would live in this is for property that's an investment .

Post: Is this a good deal ?

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@Steve Hall yes I do