All Forum Posts by: Account Closed

Welcome Robert, Happy New Year! Sounds like you're gearing up for a busy 2016. In reaching your goal of 100 properties, make sure that your infrastructure and processes are in place so you can focus on the deals and work more efficiently. Feel free to drop me a note if you have questions or need any assistance.

The cooperative I head up has a general contractor in the area specializing in rehab - please send me a message if you’re still looking.

Hi Joe, to objectively evaluate tenants, first determine your underwriting criteria (credit score, income, rental history, lease terms, etc.) and place a score for each (1-5, 5 being the highest). The person with the highest score should win. There are always extenuating circumstances to also consider, but this is a good start. Hope this helps.

Bryan, congratulations on taking the plunge into real estate investing with a vacation rental. You should contact an attorney in the state of the property, and your local accountant for advice on the best corporate structure. They will be able to guide you through the tax and liability implications of each, and refer you to any additional professionals as deemed necessary. Good luck!

Rent Range aggregates actual rental data – https://www.rentrange.com/home They’re also a new vendor of cooperative Residential Investor One (I can explain benefits in a DM)

Hi,

Thanks for reaching out.  I currently live in Manhasset but grew up in Commack which is between Smithtown and Huntington.  I took ferries out of Orient Point but unfortunately its been a while.

Do you invest in rental properties on eastern Long Island?

Tom

Hello! I’m Tom O’Sullivan from Long Island, NY and I am the CEO of Residential Investor One, a cooperative focused on providing discounted products and services to residential real estate investors.

As I continue to discover the latest trends, behaviors and best practices within the real estate investing market, I look forward to offering my thoughts and insights to this community and with the connections I make here. I’ll also be eager to share the knowledge I gain here on BiggerPockets with the members of the Cooperative.

I look forward to our interactions!