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All Forum Posts by: Gabriel Kolendrekaj

Gabriel Kolendrekaj has started 6 posts and replied 26 times.

Post: Motorcycle As RE Agent?

Gabriel KolendrekajPosted
  • Flipper/Rehabber
  • Staten Island, NY
  • Posts 28
  • Votes 15

@Jimmy Barry lol not that much offense taken I know how Staten Island is pretty well, to them “marketing” is some cellphone picture and putting it in mls lol I pulled away from agent side of things and mostly focus on investment for self now, which I strongly encourage for any agent looking to work Staten Island.

Post: Motorcycle As RE Agent?

Gabriel KolendrekajPosted
  • Flipper/Rehabber
  • Staten Island, NY
  • Posts 28
  • Votes 15

@Jimmy Barry it’s tough to do that in Staten Island. Brooklyn Manhattan you could 100% make it work. A way around is to call ida signs you pay a bit extra but he stores and places the signs for you whenever you get a listing he goes and puts its up.

Post: Looking to buy a MFH in Staten Island or New Jersey

Gabriel KolendrekajPosted
  • Flipper/Rehabber
  • Staten Island, NY
  • Posts 28
  • Votes 15

@Danny Lee I invest in Staten Island almost exclusively, can’t really speak to NJ. One thing I believe is investing in NYC is stable as far as market dips and other adverse market effects. Regardless of what people say about nyc regulations I’ve had nothing but success investing here. Also our value in Staten Island are exploding year to year. I’m a realtor in Staten Island and I keep track of the market everyday, Staten Island is up about 9% ytd. Let me know if you have any questions.

Post: CPA Recommendations in Staten Island, NY

Gabriel KolendrekajPosted
  • Flipper/Rehabber
  • Staten Island, NY
  • Posts 28
  • Votes 15

@D. McNabb A&D taxes 32 Hancock st. Trust me they work magic, I use them for full year service they do amazing work.

Post: Looking for an advice !? Out of state rental property.

Gabriel KolendrekajPosted
  • Flipper/Rehabber
  • Staten Island, NY
  • Posts 28
  • Votes 15

@Andriy Likhman look into Staten Island my friend, you can get yourself some condos and co-ops for that price point. Thought it would be tough to find a 2 family for that price even a wreck. I’ve bought gut Reno 2 fams in Staten Island for 255 and that’s as cheap as I’ve really seen.

Post: illegal Activities in my neighborhood !!! What can be done?

Gabriel KolendrekajPosted
  • Flipper/Rehabber
  • Staten Island, NY
  • Posts 28
  • Votes 15

@John Sharpe buddy that is ballsy as **** I gotta say

Post: Staten Island property management

Gabriel KolendrekajPosted
  • Flipper/Rehabber
  • Staten Island, NY
  • Posts 28
  • Votes 15

@Sam Bromano I’d love to help you out. We have a few in Staten Island that we manage.

Post: Looking for a CPA in Staten Island, NY or Union County, NJ.

Gabriel KolendrekajPosted
  • Flipper/Rehabber
  • Staten Island, NY
  • Posts 28
  • Votes 15

@Jesse Ottesen my tax guy is a miracle worker. A&D Taxes on hylan boulevard 718-4121778

Post: Staten Island Investors

Gabriel KolendrekajPosted
  • Flipper/Rehabber
  • Staten Island, NY
  • Posts 28
  • Votes 15

@Iverem Rose yes ma’am I do. Whatsup?

Post: What would you do in my shoes?

Gabriel KolendrekajPosted
  • Flipper/Rehabber
  • Staten Island, NY
  • Posts 28
  • Votes 15

@AP Horvath if you have good income and a hoard of cash like that I’d definitely stay away from flipping, no need to put that kind of stress in your life if you already seem to have a pretty good job.

If you’re new to real estate investing I’d focus on 2-4 families until you are an expert at managing them. I know a lot of people preach on single families but short of it just being a straight steal I feel it’s too risky. With 2-4’s you have a higher chance of never having a full vacancy, and they are more easy to learn tenant management with rather than big multi families.

Depending on your market you may be able to use that kind of cash on hand to do some really good BRRRR deals at a fairly rapid growth pace. Goal is not to just straight up deplete your cash on hand but to use it to buy houses and pull as much of your cash back out as possible, and let that roll.