19 December 2024 | 5 replies
Great guy, very knowledgeable and experienced.
16 December 2024 | 8 replies
Readers should seek professional advice.
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20 December 2024 | 10 replies
These include accidents (I recently had 2 units destroyed by fire), natural disasters (I have had two units each hit by 2 hurricanes), property management turn over (they sell or stop being as good, I have experienced both), or turn over of team (I am turning over at handyman and I suspect plumber), or just wear n tear of property (slab leak in poor location, sewer pipes rotted out (one unit this month), roof, foundation issue, etc.).
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20 December 2024 | 19 replies
That said, plenty of successful investors do it without one by working with experienced agents and focusing on building a strong network.
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4 January 2025 | 67 replies
I don't butt into his business and we keep a professional, yet friendly relationship.
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18 December 2024 | 7 replies
It's also very risky to do 0% down, as even experienced flippers always mess up on budgeting/construction.
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22 December 2024 | 23 replies
Readers should seek professional advice.
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15 December 2024 | 4 replies
Apply the 70% rule to determine your maximum allowable offer, then negotiate and get the property under contract, ensuring your agreement includes inspection and financing contingencies.Arrange professional inspections to uncover any unforeseen issues, using these findings to negotiate concessions or confirm your repair budget.
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16 December 2024 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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18 December 2024 | 4 replies
I have a few questions and points, which I'll ask below, but this is definitely a question for a NYC based real estate attorney who is educated and experienced with both evictions and rent stabilization.