All Forum Posts by: Alex Horelick

@Anthony Madia

Happy to connect - I’m trying to do the same thing and I’m also in Westchester.

Hi Conor,

There are plenty of options available depending on what class of investment you are looking for. Message me your contact info and we can discuss some options!

Hi Erica,

What type of work are you looking for?

-Alex

Hi @Matt Ten just going to put in my 2 cents. The upper Westchester market is not a strong single family house rental market for a couple reasons. As mentioned before the cost to rent a house in this market is extraordinary as in your example above. You can find renters willing to pay these prices but they are few and far between. Many of these types of renters are on temporary assignments to work in the city and don't want to live in the city but would probably want to live closer to it than Katonah (like the rivertowns for example). Bottom line is that you COULD find someone to pay that high of rent for a 3br house (when a 3br apt is under $3000 in most parts of the county) but it could sit vacant for a LONG time and you would have difficulty replacing tenants with long bouts of vacancy for each turnover. Let's talk more! It makes much more sense as a flip as you said before and if you want to learn more about this area feel free to message me!

Hey Patrick - let’s connect! I’m a local agent and investor in the area and enjoy meeting new people and talking about the area!