Ideally I would like to either get insurance or a letter from the authorized neighborhood representative so that it can be recorded.Any advice or words of wisdom?

Salt water and humidity play on sheetrock, even the ceilings if water stands for some time.

Hi all, RE newbie here...There was a property I would like to check out - a 4 unit property in westchester - and rather than picking a broker out of a hat, was wondering if BP had any recommendations for an agent that has experience with multifamily apartments and can provide general guidance through the process (ideally they would own one as well!)

Prashant P.I was thinking about going this route however it would not be ideal for me at this time for me right now.Phillip Dwyer I seriously would do the same if anyone owned rental property around me thanks for your insight.David Beard Your idea is for someone that has a year to learn an invest in another firm.

That's what you have to play with, determine what you need for management before taxes and an amount as profit for the brain damage.

That means as clean as possible -- as high a price as I can offer, no help with closing costs, no due diligence period, no contingencies close in 3 days (or as quickly as the seller would like).Even those offers are getting rejected too often...I couldn't imagine playing games and asking for more with my offers.Now, that said, maybe other markets are still buyer-markets and investors can still afford to do this...

I'm not going to "play" if people are willing to make only 5K.

Then you can "play" it back to make subsequent offers.

In that case I am confused as how do I deal with first month rent and security deposit?

I will be a fan as long as my lil bro #61 is playing for them.