All Forum Posts by: Francesca Baglio

John Wielgolinski also great advice. Thanks so much 😁

Ken Otsuka that definitely helps, thanks so much!

Hey BP! I'm about to pull the trigger on my first deal. It's a foreclosure, so I can't have any contingencies with my offer. Before I submit my formal offer, I'm wondering how important it is to do a septic inspection. The house was built in 1966, so there's a chance the cesspool could be very old. I'm still waiting to hear back from the town about when it was installed/last replaced. In the meantime, I would like to make an offer before the deal gets scooped up. I have a regular home inspection this afternoon. Should I just make an offer if the inspection goes well, or would you suggest a septic inspection before moving forward? Thanks! Francesca

Property sits on 2 acres, and includes parking for at least 70 cars.

Hello, BP members!

Does anyone have experience investing in Shirley, NY? Although it's a bit of a hike from where we live in the City, its affordable housing market makes it seem like a good place for a fledgeling investor like myself.

I am specifically interested in the waterfront area, south of William Floyd Hwy. Although in a flood zone, the properties tend to have higher values, and the crime rate is lower. Because we plan to buy all cash, we are not required to purchase flood insurance. 

Any advice or input would be greatly appreciated.

Best,

Francesca

Hello, Investors.

We are looking for vetted contractors to finish a bathroom, replace an old deck, and do some basic cosmetic work (painting, etc) in Shirley, NY. Competitive rates are a must, as this will be a quick flip. All recommendations welcome!

Thanks in advance.

Francesca

Nestled in the beautiful Catskill Mountains, this stunning property is a true gem. Owner has had a very successful 40 years in business, and wishes to pass his legacy along to a qualified buyer with a passion for the restaurant industry.

About 2.5 hours from NYC, the Catskills offer an accessible and serene refuge from fast-paced city living. Sandwiched between Hunter and Windham Mountains, an ideal ski vacation destination for anyone living in the tri-state area. Also a popular retreat for summer and fall getaways, the area is surrounded by golf courses, and boasts incredible fall foliage.

Restaurant is expansive, with two dining rooms, a large bar, and two outdoor seating areas. Capacity is approx. 210, with an additional 40 seats outside in the warmer months. Clientele is comprised of a combination of locals, and New York City dwellers who come up to enjoy the sanctuary the country provides.

Also available is a partnership option during transition. Owner willing to "phase out" over an agreed upon amount of time until buyer is ready to take over. An energetic self-starter with Food and Beverage experience ideal.

LOW MONEY DOWN! Creative financing options available. Please contact Francesca at (516)350-8118 with inquiries.

Frank, thanks for your feedback!

Hey gang!

I am familiar with some of the pros and cons of these two types of investment. I understand that a condo purchase provides you with a deed, as well as fee absolute ownership, and investing in a coop is really just shares in a corporation. While coops in NYC are generally cheaper, I tend to think condos are a better investment. I would love any feedback about your personal experiences. E.g. any real differences in rate of appreciation, ease or difficulty of subletting, selling your unit down the road, etc. Thanks in advance!

Hey everyone! I've been on the bigger pockets sidelines for awhile. I'm obsessed with the podcast, read the blog articles, and own several of Brandon and Heather's books. 

Now that I have my real estate license, I'm looking forward to taking on a more active role as a BP member. 

Please feel free to share any advice you have for a newbie agent/hopeful investor taking on the Big Apple!

Best,

Francesca