All Forum Posts by: Erica K.

HI Kevin! Thanks so much. Yes I do have an agent but it has been hard to get clear guidance.

Buying a 3 unit multi family in Brooklyn (Greenpoint). 3rd FL unit is vacant, 2nd FL unit has a lease good until Feb 29 2024, 1st FL unit has no lease. The seller and broker are difficult to deal with, not forthcoming with information. For the first floor they will not provide any copy of an old lease and will only provide last two months of payment history for the building. They also lied and said 1st floor paid $4000, the last two months show 1st floor pays $3400.  I know NYC is very tenant friendly. I'm looking for advice of what to do before owning the property. Should I try to get the seller to get a lease in place with a price I would accept? I thought it was $4000, I would like to at least get it to $3700. Any advice would be much appreciated as if I can't figure this out I may not move forward with the deal.

Having my inspection on a 3-unit multi family house tomorrow in NYC. Would love any advice on what to look out for from experienced investors! Anything that inspectors sometimes miss and to ask about?

Hi Randy this is honest and helpful thanks!! I just hear a lot of times on the podcast that someone had a coach or was part of a mastermind. But definitely understand your points!

I'm new to real estate and am interested in multi-family and/or self storage. I've read a lot of the books, listened to the podcasts, and I'm in the middle of my first multi family deal. I'd love to hear any recommendations for coaches or bootcamp programs geared towards beginners. Thanks!

I'm interested in buying an NYC building which is a legal conversion from 2 to 3 family. The walk in unit is occupied by a program tenant whose program expired. She applied for assistance, and the city is paying only $950/m (market rate for this unit would be approx $1600-$1800). The current landlord started the eviction process. They have a few cash offers for full ask contingent on the tenant being gone by March. There are two other units (one not occupied and one occupied with no lease). I'm not full cash so I think the only way I'd get the property is by taking the building as is with eviction in process. I'd like to hear from anyone who has had this experience and any advice on why or why not I should move forward with an offer.