All Forum Posts by: Cody Benedetto
Cody Benedetto has started 5 posts and replied 67 times.
Post: Shower door or shower curtain?

- Posts 67
- Votes 52
Rod with a "nice" curtain, fits a purpose, looks good, and if it breaks you replace it for less than $20 and install takes 5 mins. Wouldn't give it a second thought.
Post: Teaming Up For First Investment

- Posts 67
- Votes 52
I own property with my best friend. We both have the same long term personal/financial goals and the partnership works very well. I think the key regardless of friend, family, random connections is trust in responsibilities and long term goals/strategies. Think about the worst case scenarios but don't dwell on them. If another investor asked you for advice on partner with this person, what would you tell them? If you stand by that answer you should be in good shape.
Post: How do I spend 150k in NYC metropolitan area???

- Posts 67
- Votes 52
Check out New Haven county (CT). Not too far, borders Fairfield county, coastal, New Haven is a sizable city with many employers... There are still opportunities especially, lots of condos. West Haven and New Haven are worth a look.
Post: Finding an investor friendly real estate broker to work under

- Posts 67
- Votes 52
Questions to ask each brokerage you approach:
-What % of your clients are investors?
-What technology solutions does your company leverage?
Those 2 alone will give you an idea of who you want to work for.
Post: A Hard, Crappy problem

- Posts 67
- Votes 52
Looking back at my 2020 expenses, I wish I had bitten the bullet on fixing things sooner with a focus on quality. Some great suggestions here, I like the approach of sharing the bill with some sort of split. When in doubt, have a professional review, quote, and save the headache and more costs down the road.
Post: What should I do to renovate my first property?

- Posts 67
- Votes 52
Congrats and good luck! I'd focus on durability and core function rather than eye catching upgrades. Storage is huge, I had tenants leave due to lack of storage recently. If there's an opportunity to enhance/create storage space without sacrificing living space, I'd explore it. Outdoor shed and unit storage can be a great and cheap alternative too!
Post: Fire my Agent? Agent buys deal instead of closing for client

- Posts 67
- Votes 52
That's odd, are they typically a wholesaler? Seems like odd behavior and a quick way to build bad blood with clients.