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All Forum Posts by: Peter Assaad

Peter Assaad has started 18 posts and replied 48 times.

Post: College rental screening

Peter AssaadPosted
  • NYC, NY
  • Posts 49
  • Votes 22
Eric- congrats that's great. Where have you decided to purchase. Make sure you get a deposit. Otherwise, I tend to think it's a great market.

Post: Escrow after mortgage paid off?

Peter AssaadPosted
  • NYC, NY
  • Posts 49
  • Votes 22
Anyone find a service that basically allows you to pay real estate taxes out of an account similar to when you have a loan? About to pay off one of my properties and want to have taxes continue to be automatically paid monthly. Thoughts? Thanks!
Hey guys, I'm doing some investing that way. From cali and live in NYC. Let me know when you're having a meet up and I'll consider making the trek up. Cheers

Post: "Retiring" at 33. Too early?

Peter AssaadPosted
  • NYC, NY
  • Posts 49
  • Votes 22
I think you could do it and drive uber on the side while your kids nap to cover bonus expenses and keep you occupied. Would be fun and very flexible.
Good luck man. There's enough money in the business to be made honestly. It's sad to see people pull one over like this. Best of luck in recovering your money. I'm cheering for you.

Post: NYC Celebrity Flip FEST

Peter AssaadPosted
  • NYC, NY
  • Posts 49
  • Votes 22
Sounds to me like a money making scam. Learn here. There ya go. That first lesson is on the house. ;)

Post: Bogus mechanical lien

Peter AssaadPosted
  • NYC, NY
  • Posts 49
  • Votes 22
Being threatened with a mechanical lien for work I never had a written contract for, an estimate or anything. Individual was recently let go for poor performance and now sends me a bill for 1,000. Any thoughts as to how to make sure this gets squashed? Thanks Guys. Have already gotten a lawyer in the works so- one step ahead there. But, in terms of legality- what right does someone have to say that any work done on a place was requested if there is no signed contract? Thanks team! P

Post: Credit card payment for rent?

Peter AssaadPosted
  • NYC, NY
  • Posts 49
  • Votes 22
Thanks all for the quick responses. Am deliberating whether to continue this practice or not. I understand that it is not ideal... But, it's working for now (even though I'm taking a small percentage hit)- come to think of it though, I now understand why all cab drivers and small business owners get upset when I pay w cc for my small transactions.

Post: Credit card payment for rent?

Peter AssaadPosted
  • NYC, NY
  • Posts 49
  • Votes 22
Has anyone accepted cc payments for rent? Situation I have is my property manager is renting one of my places for 1450/month. Tenant pays using SQUARE- and they take approx 3%. Effectively then, I'm left with closer to 1400/month. That said, do you ask tenant to increase the amount by which they are being billed so that you get the full 1450 (that's what the lease is for) or settle w the lesser amount? Do I have a right to ask for the full 1450? Thanks all! P
can anyone recommend a reputable property manager in syracuse? Please let me know. Much appreciated- cheers