All Forum Posts by: Gary Kline

@Ardranae Byer an agent really is your best source of info especially on that works primarily with multi-family.

You could discuss with a local appraiser but that normally is not their scope of work.

Best of Luck!

Gary

@Stephanie Jacobson

@David Drew well said!

@Kyle Camilliere feel free to pic my brain on the legal side... you can’t go wrong with @Stephanie Jacobson

@Russell Grevler

Feel free to reach out to me as well ... been closing real estate transactions for over 30 years.

Call Stephanie ... she is great!

@Joshua Little I was there on Wed.

@Joshua Little feel free to pick my brain if you like. Regards....

@Nicole Glenn do you go to the Binghamton REI meetings??

I would suggest you invest local.... you have contacts local.... you can get to know the market instead of relying on 3rd parties.....buy where you can drive by and look at your investment, discuss rental terms in person and do some of your own maintenance.  You could actually be the property manager if you like. 

If you go out of state you are relying on unknown realtors and unknown property management which can make or brake your investment.  Use your contacts to buy below market!

@Jorge Crespo. Binghamton area prices are cheap...rents are good... cap rate often great. Appreciation minimum... downside even less.

Been a RealEstate attorney here for 30 years... I have seen it all...

I have clients making money in student rentals, market rate and others in low income housing.

There is room for all... depends on your risk tolerance and of course pocketbook.

Contact me if you want to discuss further.

@Stephanie Jacobson

@Isaac Atwood. Hi Isaac... do just that ...ask for it... show lender the improvements made. Are all items in the construction loan completed?