All Forum Posts by: Dan DeVantier

I'm well aware of the fear factor that weighs on you when purchasing your first Multi-Family, but I'm curious if there are steps you suggest to make it easier? Understanding that a lot of MLS listings will state COC or the exact amount of cash flow they received in the previous year; I'm well aware that this information can be misleading and not exactly true, so I'm curious if there specific documents you can request prior to purchasing? Possibly something to show the actual cash flow or the income vs. expenses even. If so, what are they called and how do you go about receiving them? Through your agent?

My name is Dan and I've recently moved to Oneonta, NY. I'm currently a Sales Manager in a neighboring town to Oneonta. That being said, I'm going through the process of buying my first home and found a lot of enjoyment throughout the process of doing this. I've since read several books about real estate and love the opportunities it has to offer. Being extremely new to this I was a little hesitant at first, but I believe the potential to have "Freedom" out weighs my hesitancy.

My main objective is to start to learn the market right now and i was hoping that you could provide some insight on how to do this. I understand everyone has different ideas, but I'd like to hear them because it could potentially help me.