All Forum Posts by: Samantha Simantiris

Overall, I think things will stay the same or come down in price over the next few months, but I think we are going to be in for a pretty hot summer. Especially late summer.

Just my guess. Many things can change between now and the end of the year so have to keep a close eye on the market and shift as the market shifts.

Interestingly enough in New York the medium home price has remained steady, only decreasing less than 1% year over year, which goes back to the extreme low supply of homes.

0 Votes

Wall Street Journal reported Sales of previously owned homes slid 17.8% in 2022 from the previous year to 5.03 million. Although we are seeing downtrend in home sales , there is some positive news. The average rate on a 30-year fixed rate Morgage fell to 6.15% this week, representing the lowest rate since September. This downward trend in borrowing cost could signal that the worst of this negative real estate environment might be behind us. What do you guys think? Do you think it will get worse or better for residential real este?

0 Votes

Thank you for the warm welcome. I will make sure to connect with all of you in the future

0 Votes

New York City, New York

On January 3rd New York Gaming Commission issued request for applications to solicit proposals for three commercial casinos. Develops have their eyes on Coney Island as potential casino location.

A casino will revitalized an underfunded Coney Island through massive influx of capital.

Investing in Coney Island and nearby area might be a great opportunity to benefit from fantastic appreciation.

What are your thoughts? Curious to know other people opinion😁

1 Vote

New York City, New York

Hello. My name is Samantha and I am an agent in NYC. I’m very passionate about financial independence and wealth building. Rich Dad and Poor Rad was the first business book I read and it changed my life. From then on, my appetite for learning about investing grew and now I’m working towards achieving my goal of buying my first investment property in the Bronx by the end of 2023.

2 Votes

New York City, New York

Quote from @John Smythe:

Hi all,

This spring I'm going to buy my first home and I intend to rent a portion of the property out either as a separate unit or a bedroom with access to the rest of the house. Overall, my knowledge about how to be successful is lacking. Can anyone share resources on how to approach it? Such as finding the fair market value of the space, if a LLC or other corporate structure is necessary, etc. Books. All advice welcome! Thanks in advance!

Hello,
The book I found very helpful and easy to read was Rental Property Investing by Brandon Turner. It goes over finding finding rental property investing,how to evaluate if it’s a good investment. Highly recommend.

0 Votes

Quote from @Marcus Melendez:

Hi all!

This is my first post.

I’m looking to see how much mortgage I can afford.
I want to see my options, whether I can afford a duplex up to a 4plex.

This is part of my learning process.

Thank you!

Hello. I am Samantha a real estate agent in NYC. I have one question for you.

1. What borough in NYC are you interested in investing in?

2. Are you looking to live in the property or rent all units?

0 Votes

New York City, New York

All Forum Posts by: Samantha Simantiris

Samantha Simantiris has started 3 posts and replied 7 times.

Post: News Reported Previously-owned home Sales dropped 17.8% for 2022.

Post: News Reported Previously-owned home Sales dropped 17.8% for 2022.

Post: Introduction to the Community

Post: Potential casino in Coney Island Brooklyn and Investig

Post: Introduction to the Community

Post: First time buyer and landlord

Post: looking to use my VA benefits to purchase my 1st investment