All Forum Posts by: Hadley Benoit

Hello Megan M. , ejection of previous owners can be a bit more complicated than an eviction of tenants. With that in mind be careful of any contact to not do or say anything that will complicate the process.

Phillip Myers welcome to BP, thanks for offering up your expertise here to the community.

@Jack K. , if you interested in doing airbnb with multi family there's a property in Flatbush I think you should take a look at. Reach out and I'll give you details.

@Jack K. If your looking to airbnb with multi family there is a property in Flatbush you should take a look at. Reach out to me and I'll give you details.

Hello Maritza, I'm a real estate agent in Baldwin Long Island. Welcome to BP. Good Luck!!!

Hey ladies and gents, I have a newbie question here: When making an offer on an REO with an existing tenant that may have to be evicted or cash for keys buyout, how does that affect offer price? How is that tenant situation weighted against let's say making an offer on the same property if it were vacant? Also, does hard money lender funding criteria change if property is non- cooperating tenant occupied? In my area here there are a lot of REO properties in desirable neighborhoods being sold with existing tenants. Any input greatly appreciated, thanks.

sorry, 5k gross rent

Monthly cash flows after expenses aprox $4000

Welcome Eric, Looking like your off to a good head start.

MLSLI#2955719

Building is an attached 3 story townhouse in Flatbush Brooklyn.  Legal 12 room SRO. Current monthly cash flow is 5k, all residents paying below market rents. No leases.  Property adequately maintained but no recent updating.

Hey Kyron, An agents license is fine for what you want to do. I know of many people who wholesale without any form of real estate license. Some states laws are tougher than others. I do understand your concerns though. Good luck