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All Forum Posts by: Ronald Starusnak

Ronald Starusnak has started 28 posts and replied 486 times.

Post: Student Housing Property Managers

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

Rochester is in our admin zone but I haven't expanded it to our coverage zone for our management company yet because our maintenance response time would be over an hour. Is your property right in Rochester or on the out skirts? 

Post: Contractor in Albany NY

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

Depending on job size we may be able to mobilize a crew or two. We aren't licensed in Albany county but unless they require us to get the GC licensing out there as well, it shouldn't be an issue. Business licensing per county only takes a few minutes. 

Post: Most Lenient CNY Local Banks for 2-4 Multi Res Loans?

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

Rob, try emailing Jay Gelb, he is thhe CEO of a few banks. He is an investor himself, owns a few trailer parks.  I am sure he can help you out. I'll send you a message with his email. 

Post: Why are Buffalo, Syracuse,... all lumped into one "Upstate" forum

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

In regards to the online communities, these areas are too small for it to make sense for them to have their own forum. As is, we only get a new post here every few days if we're lucky. 

Post: Looking for a General Contractor

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

Guys, I am a GC and I can tell you to stay away from any lead generation services. They charge contractors an arm and a leg and the contractors that need lead gen services aren't the kind of contractors you want. They are not able to sustain a consistent organic flow of work for one reason or another. Thumbtack and Homeadvisor are bad resources in my opinion. 

Ask your local code officers who some good contractors are the code officers will know which contractors do a good job and are professional, call your big building supply chains. Not home depot, but a local lumber yard, or a supplier that sells siding, shingles, decking, etc. They will have a massive list of contractors that they deal with on a daily basis. 

Post: Are flip contractors reliable these days?

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

Aaron, you're a smart guy. 

Post: Best way to zone heat a 2000 sq ft home

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

Mark, I have a 4,000 sq/ft home and I heat it in the winter with one pellet stove. Costs me about $5 a day. I have to fill the stove every other day. That's the best way to heat it. There really is no "best" way for all properties. If you can let me know a little bit more about the property I can give you a little better of an answer. I am a general contractor in Syracuse, NY.

Post: Upstate NY Flipping 101

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

I just want to clarify, if you're flipping in the city of Syracuse. Most of your target audience are going to be other investors. Primarily out of state ones. 

Post: Upstate NY Flipping 101

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

Tolga, I am a flipper in the Syracuse area. I am also a general contractor and property manager that deals in mortgage loan servicing and residential management. That being said; I think I have a great sense of where a good spot to flip is and where the bad spots are. Unless you are specifically looking to sell your flip to an out of state investor as a turn-key rental investment; you want to remain out of the actual city of Syracuse. 

No one is really looking to buy a house inside the city. It is mostly renters or those who have been in the city for awhile. The real areas to look are on the outskirts of Syracuse. Liverpool, Manlius, Fayetteville, Cicero, North Syracuse, Clay, Mattydale, Camillius, Marcellus, etc. 

Areas that have a higher population density with a mid-range house cost will sell the fastest and provide you with the best ROI in my honest opinion. The Cicero-North Syracuse area is an excellent example of what I just mentioned. Homes sell from $120-150k in this area and you can snatch an old home that is in need of many repairs for under $60k. It would be wise to partner up with a good wholesaler in the area. You should be looking for off-market deals as much as possible. Keep your eyes open, check Homepath.com Hudhomestore.com etc.

Heather, if you give them an inch they will take a mile. Give them a written warning with a few days to abate the issue, then start the eviction process. They're already lying to you this early in the lease and you can expect issues further down the line. Pit-bulls are great dogs, great pets, good breed.