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All Forum Posts by: Joe Demasi

Joe Demasi has started 1 posts and replied 6 times.

Post: Alternative to STESSA?

Joe DemasiPosted
  • Investor
  • New York
  • Posts 6
  • Votes 3

Changed from stessa to rei hub for similar reasons. Couldn’t be happier; rei hub support is great.

Post: Reporting rent payments to credit bureaus

Joe DemasiPosted
  • Investor
  • New York
  • Posts 6
  • Votes 3

@Michelle Oblena rentredi is a collection service I use. It lets the tenants report timely payments to the credit bureaus

Post: [Calc Review] Please Help me analyze this deal

Joe DemasiPosted
  • Investor
  • New York
  • Posts 6
  • Votes 3

Hey Guys, please take a look at this deal and let me know what you think. I’m a pretty experienced real estate investor but this is my biggest deal to date and would like to hear some feedback. I’m going to be utilizing a 1031 to acquire this property. The building is in great shape and completely rent stabilized. Please let me know any input. Thanks!

Post: [Calc Review] Please Help me analyze this deal

Joe DemasiPosted
  • Investor
  • New York
  • Posts 6
  • Votes 3

View report

*This link comes directly from our calculators, based on information input by the member who posted.

@John Fider one word, time. If it’s over priced, it will sit..let reality sink in for her. Keep checking in periodically and let her know your offer still stands.

Post: What is a better option llc or s corp?

Joe DemasiPosted
  • Investor
  • New York
  • Posts 6
  • Votes 3

Don’t forget about the extra cost of filing the taxes for an llc with a cpa. May not be worth it in the end.