All Forum Posts by: Rich Ramjatan

I found the process process to be fairly simple and straightforward. I’m not sure if covid changed things . Permits and inspections are easy to book . It’s much easier compared to NYC.

A good expeditor could also make your life easier . DM me if need any help . I’ve put together a great team in Jersey Since I started working there in 2018 .

0 Votes

Jersey City, New Jersey

@John Smith

You’d probably want to hire them hourly / part time . Just curious , why do you feel they need a commission split ?

0 Votes

@Adam Hyder

If you need to provide a check list to your electrician , chances are he’s not the guy for the job . A licensed electrician at bare minimum should know the minimum code requirements for your area .

2 Votes

@Shulammite Ng

All depends on which part of NYC. Properties are barely cash flowing here .

0 Votes

@Chris Mooney

Could be some truth behind it . I know upstate has seen some movement in the housing market lately, and it could be contractors are busy . Upstate doesn’t have a large pool of contractors , compared to an area like NYC where I am from . There’s always someone , that shouldn’t be reason not to get into the deal .

1 Vote

Upstate New York, New York

Originally posted by @Anthony Zotto:

Hello BP community,

I am posting here to give anyone trying to go through an eviction in NYS some hope! I had a tenant who had stopped paying rent in August, and her lease expired in September. She would not leave the property after her lease had expired, and her due rent kept accumulating until now. I went to court yesterday and although I will not see a dime of the money owed to me, the tenant must vacate the property by 12/18. Some people reading this may asking why I am celebrating this, but after watching dozens of landlords before me go up in front of the judge and fight for the past money, I learned that It was a better long term play to sacrifice the money and focus on getting the tenant out. Once you remove money from the equation the judge/tenant are willing/forced to work with you. Yes, I lost some money but the good news is I will have the unit rented for higher rent heading into the new year. Hope I was able to help someone! Thanks,

Anthony Zotto

Glad to Hear!

1 Vote

Originally posted by @Ryan Aung:

@Whitney Hutten, Thanks for the advise. I will talk to the lender.

How did you make out with this?

0 Votes

Originally posted by @Orly Howard:

Hi I'm noticing a number of new investors all for Sullivan County area - perhaps it would be good to set up a newbie mastermind group for this area? @Matthew M. @Alyssa Czopor @Eli Lederman @Rich Ramjatan any interest? Or anyone else investing in upstate ny around Sullivan, Ulster, Delaware County areas that is interested in being part of a beginners mm group?

Yes! Count me In .

0 Votes

Originally posted by @Nico Salgado:

Great @Rich Ramjatan, Whare are you currently operating? NY?

My Contracting business operates out of NYC but my investments are spread across NYC / Sullivan / Ulster Country.

0 Votes

All Forum Posts by: Rich Ramjatan

Rich Ramjatan has started 4 posts and replied 87 times.

Post: zelle with a business bank account

Post: Jersey City Investors - Experience w/ permitting 2020?

Post: Property Manager Commission

Post: Doing a rewire to get rid of the aluminum wiring!

Post: Success with Turnkey properties in NYC?

Post: Wait time for hiring contractors?

Post: Successful Eviction in New York!

Post: Delayed Financing with Rehab cost included (BRRR method)

Post: New Investor Looking to Build STR Cabin in Catskills

Post: Multifamily Investors Network NY presents "mindset matters"