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All Forum Posts by: Steven Torres

Steven Torres has started 5 posts and replied 28 times.

Post: Newbie in Bay Shore NY looking for investor club

Steven TorresPosted
  • Real Estate Investor
  • Bay Shore, NY
  • Posts 31
  • Votes 4

Hey Julia so I've been to a couple there is actually one tonight https://www.meetup.com/the-rea... I used to go to a lot of meetings but everyone I met would do just that, go to meetings and that's all. I might start going again though. Maybe see if i can partner with someone now that I'm an agent

Post: Newbie in Bay Shore NY looking for investor club

Steven TorresPosted
  • Real Estate Investor
  • Bay Shore, NY
  • Posts 31
  • Votes 4

Plenty of investment groups can be found on the meetup website as well. Just know investing on longisland can be difficult to get started. Downpayment and taxes makes it pretty difficult but definitely doable. Just gotta have the money in place or get involved with a good hard money lender. I'm looking to get into flipping myself. I'm from bayshore as well. I started with a couple rental properties to build cashflow.

Post: Is anyone investing in Suffolk County, Long Island right now?

Steven TorresPosted
  • Real Estate Investor
  • Bay Shore, NY
  • Posts 31
  • Votes 4

I'm a realtor in long island. I know a few people flipping in Suffolk county. They make good money. I'm trying to gather up a little more capital to start flipping some houses myself. 

Post: What is the best strategy for an area with high property tax?

Steven TorresPosted
  • Real Estate Investor
  • Bay Shore, NY
  • Posts 31
  • Votes 4

where in bay shore do you have your meet up?

Post: Suffolk County Meetup

Steven TorresPosted
  • Real Estate Investor
  • Bay Shore, NY
  • Posts 31
  • Votes 4

How often do you guys meet?

Post: How many wholesale deals do you get a month?

Steven TorresPosted
  • Real Estate Investor
  • Bay Shore, NY
  • Posts 31
  • Votes 4

@Louis Davis, Were you actively involved in it for those 2 years or was it like an on and off sort of thing? Do you remember how many letters you sent at a time by chance?

Post: How many wholesale deals do you get a month?

Steven TorresPosted
  • Real Estate Investor
  • Bay Shore, NY
  • Posts 31
  • Votes 4

@Scott McMillan, Yeah thats kind of what keeps me back somewhat. The fact that taxes and prices are so high compared to other states. At the same time I know people are still making it happen though. I have contemplated moving somewhere like NC to get started over there instead. 

Post: How many wholesale deals do you get a month?

Steven TorresPosted
  • Real Estate Investor
  • Bay Shore, NY
  • Posts 31
  • Votes 4

@Shawn Ackerman, I did not go to the annual auction truthfully I didn't know about it. how long have you been wholesaling on the island? how many deals do you do a month? 

Post: How many wholesale deals do you get a month?

Steven TorresPosted
  • Real Estate Investor
  • Bay Shore, NY
  • Posts 31
  • Votes 4

I would like to do that same thing assign contracts.

Post: How many wholesale deals do you get a month?

Steven TorresPosted
  • Real Estate Investor
  • Bay Shore, NY
  • Posts 31
  • Votes 4

@Scott McMillan have you done any deals or got any properties on the island? if so would you mind telling me how well its cash flowing?