All Forum Posts by: Matthew Sullivan

Hey everyone! Hope all of your real estate needs are being met. I am looking for investors who are seeking opportunity to build on land either multi-resident properties or commercial buildings on Long Island (Suffolk or Nassau County). Message me on BP, I look forward to helping you find your next property!

Hi BP'ers

Hope everyone is enjoying this fast market we are in. I am looking for investors who are looking to purchase large commercial property. If you are looking land to build properties I can help you with that too! Message me on BP.

is this still available? Do you have any other off market short sales or forclosures multi-resident in NY or 5 boroughs? PM please- would like to chat more over phone

Please email me. Do you have other multi-family properties for sale in NY, preferably in the boroughs. Looking for short sales/foreclosures that need work.

Solar Panels With Transferrable Lease By Vivint Solar. 200 Amp Service, Navian Tankless Water Heater Less Than 1 Year Old. Low Flood Insurance. See Attachments Of Co's Permits And Much More. This Is A Great 2 Family Home With Lovely View Of Bergen Point Golf Course And Minutes Away From Venetian Shores.Ose For Apartment.

Updated Expanded Ranch W/Large Eat In Kitchen W/Granite Counter Tops, New Cabinets, And Lots Of Cabinet Storage. 3 Bedrooms With Updated Full Bathroom. Open Floor Plan With Formal Dining Room. Siding, Windows, Wood Floors, And Carpets Are All Less Than 5 Years Old. Upstairs Unit Features Large Open Floorpan. Close To Venetian Shores & Bergen Point Golf Course. A Must See!

Lovely 2 family Legal home by permit for Sale. Asking $429,000. Main floor features 3 bedrooms, 1 full bath, Large Eat in Kitchen with granite counter tops, Formal Dining Room, Hardwood floors, spacious living room. Attic as well and lots of closet space. Windows, siding, doors, floors, kitchen all less than 5 years old. The home was damaged by Sandy and 100% renovated and lifted. Flood insurance $500/year! Taxes $14,395.51. Upstairs has separate outside entrance. Large open floor plan. 2 huge bedrooms and a full bath. Large Eat in Kitchen upstairs. Beautiful view of canal and Bergen Point Golf course. 

Rent income upstairs currently $1800/month only because friends of friend BUT can rent for $2200/month

Main floor rental can rent between $2500-$2800/month.

Message me, call or text, (six three one- six seven one- zero five zero nine)

I have a lovely 2 family legal home for sale in Lindenhurst NY. Owners firm around $420,000. Taxes $14,000. House is raised, has solar panels, 200amp service, House is in MINT condition, hardwood floors less than 5 years old. New siding. Tankless hot water for whole house. Upstairs is occupied current rent at $1800/month but owners know can get more. Call or text me for more information or to schedule a viewing of home. (six-three-one)- six seven one- zero five zero nine.

If you become an agent and find any deals on MLS or what's nice is that if you're licensed with the right brokerage and a good team the other agents will share their pr-market deals which can give you an advantage to get a better deal and it helps the selling agent make a commission sooner. If your partner is providing !00% of the financing and you bring him a deal as an agent I would work out your commission to be split until you may him back your agreed upon amount. It can be a disadvantage in general to disclose you're an agent because any home that you inquire on MLS and the selling agent find out you're also an agent and investor they become more laxidasical and rely on you to find out more information than if you were asking questions for your buyer who is not as well educated in real estate. From my experience as a new investor whenever I reach out to the selling agent in a potential property I make a deal where they represent me as their buyer so they get the full commission and I sell the house once it's flipped.

@Austin J. I think its well worth the investment- take a look at groupon I got my license on line through an approved state school for $89!. 

Hi Austin!

This is a great question. I'll be honest with you I questioned for a while if I should get my real estate license. But my logic for getting it was this..I'll have more book knowledge about real estate. This helps big time because I learned a lot of laws in the course and also have a better understanding about fancy terms used in real estate, the mortgage process, buying process, selling process, etc. I would recommend any real estate investor to have their real estate license even if there's no intent to practice as an agent for the mere fact the education will never go to waste from the course. Another benefit to being an agent is - if or when yu have the capital to purchase your own investments you can receive full commission from the buying side which could cover your closing costs and some carrying costs and then when you go to sell your investments you make more money from the sake side which the commission from the sale can also cover your carrying expenses and other incurred expenses. You'll also have access to multiple listing and other public records sources that can be advantageous to determining where to invest- and the information will be more accurate than zillow. The downside to being an agent as an investor is that you have to disclose (at least in NY) that you're an agent when acting in the hands of an investor and vice versa for disclosing agent or investor. As an agent you can do your own paperwork for making offers and sending in paperwork but you risk the real estate firms name being jeopardized from the types of deals you do depending on the image the broker firm holds. I hope this lengthy insight helps as this is what  I have learned thus far as a new investor and experienced agent.