All Forum Posts by: Suzanne Player

If you missed this event, you can find the next one, and others scheduled, on Bigger Pockets in the Long Island Events & Meetups section in the Classifieds left sub menu in Forums

Our next meetup is posted at:

https://www.biggerpockets.com/forums/521/topics/1086351-what-is-the-1-barrier-to-buying-your-first-next-property

To get notified automatically when an event is scheduled, you can join our group as well

https://www.meetup.com/real-estate-rocks-investing-group/

Investors (& aspiring investors) of all levels welcome

If you live and/or invest in the Long Island/ New York City area, please let me know & send me a Bigger Pockets connection request

If you missed this event, you can find the next one, and others scheduled, on Bigger Pockets in the Long Island Events & Meetups section in the Classifieds left sub menu in Forums

Our next meetup is posted at:

https://www.biggerpockets.com/...

To get notified automatically when an event is scheduled, you can join our group as well

https://www.meetup.com/real-es...

If you live and/or invest in the Long Island/ New York City area, please let me know & send me a Bigger Pockets connection request

“The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth.”
-Robert Kiyosaki


"Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth."
-Robert Kiyosaki




What is the #1 Knowledge Barrier to Buying Your First/Next Property?

How do you get the information you need to make your first / next purchase?

Being an investor means always being in continuing education mode. You never stop adding to your knowledge of the markets, the financials, and the physical assets. This month we'll look at books, articles, websites, & other resources you may find useful in starting or speeding up your real estate journey.

Bring your investing questions, none are too basic, we've probably heard the question before. For any of our meetings, further topics may be added, as always, anyone who has an idea or something to share is alsya welcome to bring it up & talk about it with us.

Remember...
Even if you are not ready to invest just yet, you can start the process of educating yourself about real estate.
You don't get anywhere by just clicking the Join button on Meetup.
You make progress toward your goals by actually attending events, learning new information, & meeting new people.

PLEASE NOTE: This is not an advertising platform, a sales funnel, or a marketing ploy. We don't want to waste your time with useless drivel because we hate to waste ours. And, we will not put you on any marketing lists & start spamming your inbox - no matter how much you beg us to.

Twitter: @RealEstateRoxNY
SuzannePlayer_broker
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Facebook Networking Group: By Invitation to meeting attendees

Today I pulled 24 properties (various types & # of bedrooms) starting at $28,000 (1 was lower in price but in a 55 & older community).  There are 2 bedroom units in Great Neck & Hewlett for under $200k.  If you'd like to take a look at what's out there, let me know, my contact info is on my Bigger Pockets profile & you can message me here any time as well.

Great Meetup last night, looking forward to the next one

Hi Chris

If you're right out of college, perhaps you are ok with living at home for awhile & buying an investment property before you move out?  

If you are looking to move out, there are still coops on Long Island for under $200k, you could consider buying a 2 bedroom & rent out the 2nd bedroom to someone else to help pay the mortgage.

As a first time homebuyer in New York, you might qualify for a below market interest rate mortgage (they have several other programs as well) through New York's State of New York Mortgage Agency - a/k/a "SONYMA" (pronounced Sunny - May):

https://hcr.ny.gov/sonyma

I tend to agree with @Mohammed Rahman that she won't go for the cash for keys, see an attorney familiar with Suffolk County evictions to find out your options, don't make any assumptions.  Time is of the essence, especially since says she's not even trying to pay you.   If you want any referrals feel free to message me.

@Jacob Beg Do you have a strong construction background?

Water damage can be very slight or extensive, can't tell much about your situation without details

If the public adjusters in your area will come to the property & take a look & talk to you about it, why not interview 3 to see what they might be able to do?  Best to get recommendations if you can, you also might find one through a professional organization for Public Adjusters such as:

https://www.napia.com/custom_m...

I think a lot of people think it's premature to talk to lenders before they have their downpayment ready, but I would say it's not too early 

Feel free to message me if you would like referrals of knowledgable & experienced local mortgage brokers / bankers 

It may be tough to get repairs done there.  Are you looking to use it part time as a vacation place?  It might be easier to just rent there & buy elsewhere.  There are a lot of similar areas locally that would work just as well (although you probably have a sentimental attachment to Fire Island).  

I have an investor meetup on Long Island, you are welcome to join us at our meetings any time (we happen to be meeting tmrw, see link below). 

https://www.biggerpockets.com/forums/521/topics/1086351-what-is-the-1-barrier-to-buying-your-first-next-property

I post our meetups on Bigger Pockets Events & Happenings Forum each month, use drop down menu & choose Long Island location