All Forum Posts by: Jayson Greenblatt

I am considering purchasing a property that needs some work and had a few questions particularly in regards to procedures in a house with lead paint. Any Bronx-NYC contractors on here familiar with how to go about this. Do I need someone to do a complete abatement or is there a less costly method?

It seems like most people say the HOA fees are what the biggest deterrent is but even if they are 600-700 a month its almost the same as paying taxes on a house.

What is everything that should be considered when living in your investment? Im considering a 4 family and living in one unit.

Asking price $430,000

3  2br apt $1200 each $3600 monthly

1  1br which I will occupy.

Taxes $7,399 annual

oil heat

FHA loan 3.5% down

4.25% interest 30 years

@Trevor Ewen 

@Trevor Ewen What kind of numbers were you looking for? I have been looking at Multi family homes and im not sure exactly what numbers I should realistically expect to see. Also did these properties have landlord supplied heat or was heat paid by tenant?

I would like to hear from those of you who invest in multi family homes in the Bronx. Has it been a positive or negative decision?

@Jack Mejia  Welcome, I am new here also and I have similar goals as you. I too have found this site to be the best source for anything and everything RE related. 

I am interested in this as well. 

@Anthony Bostic  Congratulations!!! I wish you the best with the next one as well. 

@Courtney Edwards  Thank you. I sent you an email this morning. I look forward to hearing from you.