All Forum Posts by: Joseph Pugliese

If that was in New York City the owner of the property could easily find himself in a form of litigation, and the courts may not be too friendly to him. federal , state and local protected classes he must be very careful with the way you screen tenants.

I believe it's all about asset protection, especially in real estate. I personally have multiple properties and I formed a separate LLC for each one I would recommend to keep each asset separate and not call mingle funds of the assets , keep wall between each asset class. Always best to speak to an attorney who is well-versed in real estate and also an accountant as well. Best Joseph

My thoughts on this great conversation... This appreciate game , had to start to slow down in big cities (I live in NYC) just has gone up to much and too fast the last few years. The cap rates are going down to much , not even making much sense even in the multiple million dollars market 😬. How much juice is really left in that appreciation 🤔. As to income flow or cash 💰 flow, it's not easy dealing with tenants, but I say seeing you money come in monthly and and keep it consistent, that is were you see grow on a monthly basis and you can move forward with the cash 💰 on other deals. So if you're will to get your hands little dirty, I see good 😊 potential in some low income neighborhoods . This also depends on your age , patients and timing in life . My 2 cents ...

Hi I live and work in Staten Island as a realtor, would be glad to assist anyone looking on the island. Also it be nice to have a group to bounce ideas off of, we have a low rate of inventory as it currently stands. So it makes a sellers market.

I would try to stay away from sec 8 , I find it can be lot of issues with the tenants , then you got to deal with government agencies. Try free market, you find yourself sleeping better at better at night. My 2 cents

I don't think anyone can say for sure , you have to be conservative with your investments, if your depending on getting your rent every month to pay the mortgage. Then you might be in for some sleepless night . My 2 cents

I feel they expired for a reason, mostly because they asking to much / bad condition Anything decent in this market is flying off the mls .

my 2 cents... everyone wants to know they are dealing with someone serious, some that can close a deal . You need to call and let them you are someone who can close on a deal,  if it meets your criteria For investment(S). 

Then I would ask for a meeting , let them know you are serious again and you are looking to interview agents to work with.

In the end you have to be able to really close a deal. 

@Eddie Egelston that was great "food for thought" as you say , like the way you put the numbers out there and let it speak for its self. 

@Danny N. it sound  like a  long time too sign a contact for a year. In nyc its 3-6 months avg I would say . I would just sit down with your agent and express your feeling and thoughts and ask her to put together a new plan , also ask to be involved  in the new marketing and and so on, But let the agent lead the way as it is her field of experience. 

what is the best way of find off market properties ?