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All Forum Posts by: Raza Rizvi

Raza Rizvi has started 51 posts and replied 89 times.

Post: New Members from Nassau County, New York

Raza RizviPosted
  • Rental Property Investor
  • New York, NY
  • Posts 92
  • Votes 9
Michael PInter let's connect. I am an investor investing in Uniondale. I am hoping the rental market is healthy there because I plan to rent/hold.

Post: Hudson, Essex - Foreclosure Realtor

Raza RizviPosted
  • Rental Property Investor
  • New York, NY
  • Posts 92
  • Votes 9

Hello Everyone,

Does anyone know of an real estate agent or someone that specializes in the Hudson & Essex counties in NJ. I am looking for a realtor that can help me find foreclosed or short sale properties. Any help would be appreciated.

Thanks!!

Post: Dewey or Rehoboth beach Vacation Property

Raza RizviPosted
  • Rental Property Investor
  • New York, NY
  • Posts 92
  • Votes 9

Hello, I was wondering if anyone else had experience with Dewey or Rehoboth vacation properties. Overall, are they lucrative with short term rentals in peak season? Please let me know.

Thanks

Post: 2 family vs. 3 family in Bergen, NY

Raza RizviPosted
  • Rental Property Investor
  • New York, NY
  • Posts 92
  • Votes 9

Sorry N. Bergen NJ

Post: 2 family vs. 3 family in Bergen, NY

Raza RizviPosted
  • Rental Property Investor
  • New York, NY
  • Posts 92
  • Votes 9
Hello friends, I am looking at 2 vs. 3 family properties in Bergen NJ. I have heard that owning 3 families puts you in a different bucket and is treated as a commercial building Should I stay away from them. What is everyone's take on this. Thanks!!

Post: Eviction Attorney in the Bronx

Raza RizviPosted
  • Rental Property Investor
  • New York, NY
  • Posts 92
  • Votes 9

Does anyone know of an affordable good attorney that handles standard lease non-payment evictions in the Bronx (NYC)

Post: Primary Residence that was rented for a year

Raza RizviPosted
  • Rental Property Investor
  • New York, NY
  • Posts 92
  • Votes 9

Thank you @Dave Foster & @Josh Mitchell - I guess by tax free you mean I have to reinvest it in a primary residence within a year - correct?

Post: Primary Residence that was rented for a year

Raza RizviPosted
  • Rental Property Investor
  • New York, NY
  • Posts 92
  • Votes 9

This is great news

Post: Beach town property

Raza RizviPosted
  • Rental Property Investor
  • New York, NY
  • Posts 92
  • Votes 9

Hello,

I am looking to investment in a property that will bring positive cash flow by short term rentals & where I can relax with my family on weekends during off season. I can invest in a property of up to $450K. Any suggestions would be really appreciated.

Post: Primary Residence that was rented for a year

Raza RizviPosted
  • Rental Property Investor
  • New York, NY
  • Posts 92
  • Votes 9

Hello RE community,

I had a question regarding the sale of my property. I lived in my primary residence but then welcomed a child last year so we rented it. It has been a year since the apartment was rented. I am planning to sell it and was wondering if I can still treat it as a primary residence (even though it was rented for a year) or will I need to do a 1031 exchange?

Any help would be appreciated. The apt is in Manhattan, NY