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All Forum Posts by: Kyle Affronti

Kyle Affronti has started 6 posts and replied 32 times.

Post: Buying a duplex or triplex in Upstate NY

Kyle AffrontiPosted
  • Johnson City, NY
  • Posts 33
  • Votes 9

I'm located in Upstate NY. Lets talk.

Hey Tim. I'm located in Binghamton but pretty much work the whole central NY area. We can connect and chat if you like.

Post: Upstate NY | Long-Term Rental Investor

Kyle AffrontiPosted
  • Johnson City, NY
  • Posts 33
  • Votes 9

Hello Dillon. Have you found a property to invest in yet in Upstate NY? If not let me know. 

Post: Near Cortland - 4 Unit Assignment of Contract

Kyle AffrontiPosted
  • Johnson City, NY
  • Posts 33
  • Votes 9

I have an assignment of contract for a 4 Unit property near Cortland.

ARV: $199,000
Asking: $75k All-In + Closing Cost
4 - 1 Bedroom 1 Bath Units

Needs full rehab

Close to Cortland, Greak Peek, etc...

Potential Cap Rate 10-14% 

If you're interested in learning more about the property please reach out.

Hello Dave. Let's connect. I have a assignment of contract available in Upstate NY.

Post: Hey Upstate! Looking to connect.

Kyle AffrontiPosted
  • Johnson City, NY
  • Posts 33
  • Votes 9

@Colton Hart

Hello Colton. I'm local to the Broome County/Binghamton area. I would have no problem putting you in contact with people around here and discussing RE with you anytime. I work Professionally in IT so I can definitely understand your educational background.

Reach out anytime.

Sincerely,

Kyle

Post: New Real Estate Laws (Again)

Kyle AffrontiPosted
  • Johnson City, NY
  • Posts 33
  • Votes 9

https://www.nysenate.gov/legislation/bills/2019/s2892

Some call it Lease for Life... Also known as Good Cause Evictions...


What are your thoughts?

3 Part Mini Video someone put together. (Not Mine)



https://www.youtube.com/watch?v=EqjsOOYjSR8

Post: Rent to Own Down Payment

Kyle AffrontiPosted
  • Johnson City, NY
  • Posts 33
  • Votes 9

Here is a summary of the Housing Stability and Tenant Protection Act of 2019.

I hope this helps shed some light on it. I think (Do your own due diligence of course) but I believe it limits the amount of a security deposit to one month's rent. 

Summary of Housing Stability and Tenant Protection Act of 2019

Post: Routing cable for modem/router in master br

Kyle AffrontiPosted
  • Johnson City, NY
  • Posts 33
  • Votes 9

Definitely don't run any network cables outside unless it's the coaxial. 

If you run it through the closet, you could secure it behind base boards, or use a nice conduit to run it along the base boards to wherever you plan on putting the modem/router. 

Another way you can do it, is run it actually from the closet, and into the wall, and connect it to a wall jack. Similar to the photo I added.

Post: IRS 1274 Due Upfront on Hard Money Loan

Kyle AffrontiPosted
  • Johnson City, NY
  • Posts 33
  • Votes 9

I have forwarded this thread to my friend. I appreciate everyone's input and thank you so much for saving them from losing more. You are all greatly appreciate!