All Forum Posts by: David Lichtenstadter

Danielle Knight please PM me I might be able to help you.

Aditya Puttigampala I would look into Bayonne since there are still dome opportunities over-there.

Monty Shirley please PM me I’d like to know more information about it. Thanks, David

Monty Shirley where is the property located??

Herman Chen if you don’t end up with those deals I might have some interest in it. Thanks, David

Llewelyn A. Thanks for the clarification, however that’s the the main problem new investors have because they usually don’t bring much capital to the table and definitely bring zero experience. The only thing experience investor may need from a new investor is some hustle.

Llewelyn A. Thanks for the helpful explanation, but this strategy does not work for the average new investor (except if you are high net worth individual) for the following reasons, A. Usually high appreciating markets are also a high entry barrier market like NYC San Francisco. B. Most new investors not able to sustain a negative $200 a month. C. You are tying up lots of capital for a long time thus limiting your ability to scale. Please correct me if I’m wrong or if you disagree.

Llewelyn A. Thanks for the very informative posts, my question is would you buy a multi fam in a high appreciating market even if you’re bleeding a couple of hundred dollars a month? Because to the best of my knowledge even in a down market in Brooklyn you end up bleeding, and lastly what’s your strategy in seeing what neighborhoods will appreciate. Thanks, David

Anthony Mendola I understand that the listing agent did a crappy job, but my 0.2 is that if it would have been priced a bit better then no investor would look if the pics are nice, because that area is on fire.

Adriana Torres-rendon I’d would say you should list it but price it with a slight discount that’s you will get multiple offers, (well that what happens on the east coast these days) Just my 0.2