Hello, my name is mike and I am with a national default outsourcer handling loss mit, collections, foreclosure, REO, etc on a national level for a variety of lenders. I stumbled upon this site, and I guess I am inter...

Is there adequate parking?

I find the entire state and state parks pet unfriendly regarding their coast.

I've tried to run a public search through my county clerk's website, but with no luck in finding specific information on the property...actually i can't find out how to find out public info on the property...rather i usually just run public search on the current/previous owner's name and see what shows up. this time there were multiple people with the same name, so i don't know if some of the official documents are for the person/property i'm looking for. any help or suggestions is appreciated. thanx, -Anthony

I live here too.i just moved on Jewett Holmwood in Orchard Park---you?

looked at property today that was described in my previous thread...terrible, crooked floors...no hardwood...no parking...needs more than a clean up...actually looked a 3 today...and found another more expensive 270K asking price 3 decker...this one is move in condition in B maybe B+ shape...my cash flow estimates are around 1700 for this property...has everything that i need for investment (deleaded, parking, 2 car garage, 3 bedrooms, good n'hood)...this one sold 2 yrs ago for 480K (unreal)and my location is boston...the city is north of boston

Assuming the $550,000 price is somewhere in the ball park, it looks to me like the rent would need to be in the $9000-$10,000/month range.Here's how I figured that:$9000/month rent40% - expenses I'm not too familiar with retail.

I am a beginning real estate investor in Astoria, Queens, NYC and I would like to introduce myself to you all officially for the first time, although I admit I have been lurking for a few months.

I imagine some other markets like Candler Park, Inman Park, Va Highlands, would think similarly.

Even if you find a solid deal you probably only make as much cash flow from it in a month then you will in a week if you get the low level of return you think is easily achievable on those other countries.Long term real estate can be a great way to park that cash and get more secure long term revenue (and maybe shelter some of this once you have optimized those other streams) but like Duncan said it will be there once you dig yourself out from under that mountain of cash.