Buying land in Northern Catskills NY and building container cabin
32 Replies
Ryan Arth
Flipper/Rehabber from Cleveland / Akron, OH
replied about 2 years ago
@Christopher Polanco Here is another product that you might look at for comparison. https://www.honomobo.com/
@Andrew Ziebro I don't know if you have connected with Aaron Westerburg at our meetup yet, but he is a BP guy and is working to build a large multi-use MF building out of shipping containers in Ohio City. He is moving through the various approvals, but everyone thus far has been excited about it.
Andrew Ziebro
Investor from Cleveland, Ohio
replied about 2 years ago
Hey Ryan, great seeing you at the meetup last night. Yes, we are working on scheduling a meeting to talk about the container project. My wife is excited to help out with her knowledge. Looking forwart to connecting with you again.
Suraj Guptha
Investor from Seattle, Washington
replied 3 months ago
How did this project go? Any learning you can share? :)
Christopher Polanco
from Yonkers, New York
replied 3 months ago
Hey there. Sorry I didn’t go through with it, I instead purchased a cabin which was in need of a full rehab. I got a good deal on it about a year ago when I bought and did a $70k renovation on it...it’s on Airbnb and we are doing extremely well with it.....very happy. If you need any advice on purchasing in the Catskills Mountain area of NY I’d be happy to share. Best wishes.
Lorraine Patterson
Rental Property Investor from Queens, NY
replied 3 months ago
Hi @Christopher Polanco are there any zoning restrictions for STR's, can you recommend a real estate agent out in the Catskills? Thanks!
Tyler Radford
Rental Property Investor from Long Beach, NY
replied 3 months ago
Also interested in hearing more on restrictions, where exactly you ended up buying and how managing the reno from afar!
Christopher Polanco
from Yonkers, New York
replied 3 months ago
Zoning restrictions on short term rentals are pretty relaxed in and around the Catskill Mountain area, there aren't any in Delaware County where I bought my cabin and I'm pretty sure its the same for the surrounding counties. To be exact I bought in the New Kingston/Margaretville area. The Airbnb's provide a huge boom to the local economy with people coming up from the city and spending their money, and I am sure that the people in charge of these zoning laws recognize that.
Far as a realtor I used Sherri Manning of Catskills Heritage Realty, you can google her, I highly recommend her. A good find would be kinda hard to come by right now because the pandemic has created in my humble opinion a real estate bubble out there, with properties selling over asking price, people buying sight unseen and bidding wars galore with properties selling very quickly.
As far as the renovations, I used a local contractor, also lucked out in that regard, the guy was excellent and it was godsent having him handle many of the logistics i.e. receiving packages that I had bought to ship up to the house for the reno, among other things. As I'm only 2.5 hours away, I would go up every other week to take a look at the progress and make sure everything I wanted done was getting done.
Christopher Polanco
from Yonkers, New York
replied 3 months ago
Here is a link to the Airbnb https://www.airbnb.com/rooms/4...
I'd be happy to share knowledge on anything else about the entire process if anyone is interested...