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All Forum Posts by: James Post

James Post has started 7 posts and replied 20 times.

Post: Access to the MLS (NYC)

James PostPosted
  • Bronx, NY
  • Posts 21
  • Votes 1

@Wayne Brooks Thank you for the quick response. Will do. That's my goal for this summer. 

Post: Access to the MLS (NYC)

James PostPosted
  • Bronx, NY
  • Posts 21
  • Votes 1

Hi,

I was wondering if i went ahead on got me Real Estate License, would I be able to get access to the MLS here New York?

If so, how does one go about it after receiving license?

If not, how did you get access to the MLS if youre based in NY?

Success and nothing less,

James

@Joe A. Thinking about investing in Allentown or Wilkes Barre, hows things going in these cities?

Post: Albany Property Management

James PostPosted
  • Bronx, NY
  • Posts 21
  • Votes 1
Anyone invest in Albany NY? Would love to know some experiences out there, thinking of investing heavily in that area. Also, anyone use and know good Property Management companies in Albany? Rates? Experience? Etc. Success and nothing less James

Just curious,

I live in NY, so we deal with Con Edison. How do you Landlords set up a new tenant with the electricity bill?

Do you set it up? Do they call the company to say they will be receiving the bill now, etc?

Post: New north of nyc

James PostPosted
  • Bronx, NY
  • Posts 21
  • Votes 1

I was looking in Westchester too. It's a tough market up there. You can find certain places where taxes are about 8000 but that will still hurt cash flow. 

I'm currently looking further up North in the Peekskill area, Rockland county, and even CT. Just need to find which town is on the rise. 

@Adam K.Thanks for reaching out. Always great to talk to other NY Investors to get some insight and previous success in this tough market. By the end of this summer I will be investing in my first property. I will also house hack with a FHA loan. But looking more in the Westchester area (although taxes are rediculous). I won't be able to afford the boroughs really.

I have been doing quite a bit of research in other areas about an hour or so away from NYC. Area including Albany, Peekskill, Rockland County by Monroe. Also considering places in CT such as Norwalk and Stamford. We can get multifamlies in the 175-225,000 area which is good for cash flow. Just need to find which of those markets are best. 

Did you FHA loan your first house hack? And are you now living in the Multi-Family in Brooklyn?

Happy to hear your finding success in this market brotha. 

Best,

James