All Forum Posts by: Avi Burnbaum

Has anyone had experience with a great investor friendly broker in the Poconos PA? 

Very helpful thank you so much

Thanks for the feedback. Im quickly becoming convinced that Phase II if recommended, is the way to go. Question is- are there variables that would cause one enviro company to recommend and not another? Do they have any recourse if they do not recommend and something is found? Also how do I know if they're just upselling more services?

Thank you @Richard B ! Would you mind sharing the vendors name? Thats a lower quote than Ive received by thousands of dollars....im in NY..

Thank you James! Yes, Ive engaged a company for the phase I. Im expecting however that since it is a gas station, they will likely recommend a phase II by default. I guess well see how it goes and what kind of report they generate.

Hey community- I am in contract on a gas station with an auto service garage. Plan is to keep the gas pumps flowing and repurpose the service station to two retail units (this is part of a larger STR concept with contiguous properties). The station had a phase II done in 2012 after they removed an old tank and has kept solid maintenance systems and records. I know how this will sound, but the $10K expense for phase II is a heavy due diligence expense and the bank isn't even requiring it. Am I crazy going in without the phase II?

In 2021 I sold out of a business I had worked on developing for 7 years. By focusing on wellness and a positive mindset, I have accumulated enough cash side-hustling, to start investing in real estate. I now have three commercial properties under contract, to close in January!