All Forum Posts by: Ulrich Burke

Bill Gulley:Thanks for the insight, you brought up a lot of point that I didn't consider. I have a few properties in mind and I'll look into that factor as well.

Larry K.: Thanks for the break-down, its a major help. I think its the clearest explanation I've found so far.

Don Konipol: Do you know any real estate lawyers your can refer me to over here in New York?

Bill Gulley Thanks that really clarifies it. So, even if the 2% or 50% rule is added, there isn't a clear measure of the HOA fees attached?

Larry K. Thanks, However... I'm still unclear about the 50% 2% rule, and what they mean, do you mind explaining a bit. I'm still a bit green in certain areas.

I'm a new investor and I know there are a lot of pros and cons to owning an Condo as an investment, based on forums read. However, I'd like to know if anyone has used a successful strategy to either Quick-turn a condo or have positive cash-flow from one. I'd like to hear and learn from your experiences.

I'm a new investor and I'm currently looking to understand how to better evaluate the market through running comps. However, I've attended several workshops and heard 14+ different ideas on running comps. What would be the best and simplest way to run and apply comps in a wholesale investment strategy???