All Forum Posts by: Anna Hamann

Hi @Saurabh Passi

Yeah I agree, that is why we want the deal, the escow sounds great, I will suggest that to them. Not sure though how everything is going to go, since this an estate sale

Hi @Randi Plevy

Thank you for your comment. This is an estate sale, and it was not disclosed after the investor submitted an offer that the building has 5 tenants, and it is 1 Fam, so I am assuming they pay less then market value renting out rooms. The plan was to get the contract and ask for 60 due dilligence and go talk to the people there to gauge their characters and if they will be or wont be willing to leave 

Hi @Nathan Gesner

Thank  you for response. The deal is just so good, but the fact of the tenants in there makes an investor worried about it, so far they think they can figure something out once they get the contract in their hands, so we will see.

Hello guys, 

Working with an investor, who is putting an offer to buy a property that has 4 tenants renting out rooms with no lease, and 1 tenant with month to month lease and 30 days to vacate. This is in New York, anyone knows if the new owner able to break their arrangement and vacate the house?

@Spencer Sutton

I would love to read that book, or two when they come out. 

I think it would be interested to point out the demographics, reasons people choose the city to come and live, what are the drivers behind that, urbanization and etc..

Hello @Blake Williams

I work with landlords who rent their properties to students, and sometimes it is hard to tell whether they will be responsible or not. But a few things lanlords always do here in NYC is to get their parents sign the leases and I am talking about 1-year leases, and the parents have to make 80xrent in order to qualify. They also create additional riders to the lease to enforce the rules not covered by a standard NYS lease and collect extra security. Hope that helps.

Hi @Tim Norris,

Thank you for clarification. I will save your contact info. I am just getting into real estate investment business, and have a few questions about insurance) 

Hello @Jennifer C.

Welcome to BP! 

I am relatively new to the site too, and I'm also from Brooklyn) 

the markets I am interested in are Phildelphia, Kansas City MO, Birmingham AL, and I am looking at turn key investments, like a few here had suggested to you already. 

Hi @Alberto Rodriguez - thank you! and Welcome to BP as well! 

It is a great source of knowledge and a great networking place!

Hello everyone,

I am partnering up with a foreign national who wants to invest in US real estate market. I was wondering if anyone ever partnered with foreign investors, and if so what things I should be aware of especially in entity structuring and taxes?

Any info is appreciated.