Hi--Would you possibly know what the laws are in NY with regard to rent stabilized apartments?

I owned a couple of 4 family apartment buildings, but got out because I was traveling out of town on business a lot, and the time/hassle was not worth the potential returns (one building consistently made me money, the other did not, but I could have probably turned it around)Anyways, now I'm older and exploring getting back into things.

A working professional might pay $750 for a 2 bedroom apartment or a small house.

I got a phone call today because i was talking to an old high school friend and he asked what I have been up to lately so I told him I have been buying multi-unit houses and apartments and renting them out.

I just recently moved back to Ontario and am seriously considering making a go in real estate investment arena (with the help of my brother and a part-time consulting job..lol).I see a few other Ontario people on here, so I hope maybe we can connect in the future.For the time being, I'm being a good newbie and am taking the advice of reading all the posts on here and reading the resources that are suggested (Rich Dad, Poor Dad, etc).I've actually developed my own spreadsheets based on the ones that you have on here...they were just what I was looking for.I know everyone is very busy making money (lol)...so I'll sign off for now.Thanks for all the great advice and I look forward to being able to give some good advice of my own in the future.Cheers,John

It really sucks when you have an easy 15K or 20K sitting on the table, and the deal slips through your fingers.Actually I learned some strong lessons about this when I did my first apartment rehab.

They don't want to do the work required to have prospects knocking on your door.If you'd like I can give you a copy of one of the ads I use (also on Craigslist) to advertise my apartment... although it is a nice apartment, people don't think about some of the things that I know exist in the neighborhood when perusing CList unless you tell them.What makes your place better, different?

ex=1323147600&en=c9ccf76d283034ab&ei=5088&partner=rssnyt&emc=rssI need to accumulate 22,000 apartments.

If you can make enough then use your total amount as a down payment on an apartment building.

Now I have threatened and been willing to go to court on some bigger apartment deals and on a larger package deal, but a little house just isn't worth it.ILikeVanilla, most people talk about wanting to start when they were younger, but let me tell you it is very hard to do this when you are young.