All Forum Posts by: Sebastian Naczas

Hi All,

I have invested in RE since 2015.  Got 4 rental residential single/multifamily houses.  It's been quite a few years, since I bought anything.  The reason being I thought I had enough of RE, and hard to get a normal loan since I already had the current mortgages.  Also I don't have a 9-5 job.

Buying with 20-25% down is rather hard at this moment.  However I've been looking at houses prices and equity is up on all of them, so a part of me is wondering if I can expand now based on that.  I'm successful in finding good tenants and maintaining houses.  So I'd see myself heading that direction, or heading for a lot larger multifamily (5+, bare min).  Maybe doing something in commercial side, or land.  

Anyhow I'm looking for some inspiration from more experienced folks.  Given the position where I'm at and the possible resources, what would you do if you were in my shoes and how would you go about it?

I'd really appreciate any input or direction you could point me.

Thank you!!! 

That's because Albany has the most development out of the cities around.  Apartments that are being built, will be very expensive, you will always have an opportunity to offer something more unique for a better price.  I think it's always better to be where the action is happening.  

You may also want to look at crime maps before you buy (trulia).

I think that you have to define who you'd like to rent to at first.  Students, families, section 8 ... once you decide the answer will be clear where you want to buy the properties.

All,

  One of my tenants broke her hand while walking on the icy driveway.  I made a claim with my insurance company.  Now they are raising my rate by over 10%.  I'm with Erie and I'm wondering if it's time to switch.

  Which companies are you guys using?  And what is your deductible?

Thanks,

Sebastian

Hi All,

  My tenant broke hand while walking on the driveway.  I got in touch with my layer and insurer to see what are the options.  But I'm also wondering if any of you had this happen and how to handle it.

Thanks,

Sebastian

Thanks Guys!  I'll have to check out Harbor Freight Concept. :)

@Jon Holdman thanks for the comments.

Just want to make sure Sears = Craftsman now right?  Considering it's going out of business, probably not the best choice, just because parts and support will be a mess.

Yes, I have circular saw (Skill) and a chop (miter) saw (Hitachi).  Both are just basics.  Problem is sometimes I need to saw a board and I can't keep a straight line.  I just thought it would be good to add to the collection.  They are heavy so table on wheels is preferable.

I looked at some reviews and it seems that the Bosch has a motor problem.  Dewalt has alignment problems but probably is more than I need at this point.  But I do agree Bosch is better than Dewalt in general.

@Bob H. thanks for feedback.  I'll check out reviews for what you have mentioned.

All,

  I'm trying to pick a table saw.  I see good reviews for Dewalt and Bosch on amazon.  

  Please let me know your recommendations.

Thanks,

Sebastian

https://www.amazon.com/DEWALT-DWE7491RS-10-Inch-Jo...

https://www.amazon.com/Bosch-4100-09-10-Inch-Works...

@Steve B. I have both as fees.  It comes out to few bucks per month.  It also shows me if the tenant read the lease.  But in all honesty I do tell them when I show the apartments.