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All Forum Posts by: John C S.

John C S. has started 24 posts and replied 189 times.

Post: -->>Need LONG ISLAND or EAST QUEENS NY SFR or Multi!! Buyer Ready

John C S.Posted
  • Flipper
  • Poconos, PA
  • Posts 198
  • Votes 42

Sorry but your not going to find much for that price anywhere in NYC in a half way decent area

Congratulations. I think  this site is the greatest thing on the Internet. Helping people like me learn the businesses. I could have not acquired this knolage anywhere else. Thanks again

Post: B&H: If you can't get 1% rent/PP, is it even worth the hassle?

John C S.Posted
  • Flipper
  • Poconos, PA
  • Posts 198
  • Votes 42

Dont feel bad Ricky. I live in NYC and there is nothing here based on the 1% rule. Im trying to figure out what would be a good ROI for my aera too.

Post: How do I know I'm analyzing a property properly

John C S.Posted
  • Flipper
  • Poconos, PA
  • Posts 198
  • Votes 42

Hi there is a forum here on BP about analyzing deals someone can walk you through it. Go to forums and click on analyze deals. Hope rhis helps

Post: 1 and 2% rule

John C S.Posted
  • Flipper
  • Poconos, PA
  • Posts 198
  • Votes 42

Wow so 0.50 to 1%  is what i should be looking at around the NYC aera would you say.  Thanks again guys 

Post: 1 and 2% rule

John C S.Posted
  • Flipper
  • Poconos, PA
  • Posts 198
  • Votes 42

Ok thank you guys bery much.  That is what I thought the New York City is hard to find 1% rule

Post: 1 and 2% rule

John C S.Posted
  • Flipper
  • Poconos, PA
  • Posts 198
  • Votes 42

ok thanks thats what i thought 

Post: 1 and 2% rule

John C S.Posted
  • Flipper
  • Poconos, PA
  • Posts 198
  • Votes 42

Hi all. Can someone please explain the 1% and 2% rule to me again. Thanks

Post: 6 Plex Analysis

John C S.Posted
  • Flipper
  • Poconos, PA
  • Posts 198
  • Votes 42

Because of my skeptic nature  it sounds to me like it's possible he is just trying to dump the building on you. Because he born in 2013 and it's only two years later you usually hold for longer than that. Good story about paying for his daughter's college. I don't know if I buy it

Post: Is it best to get an investment property in my name or LLC?

John C S.Posted
  • Flipper
  • Poconos, PA
  • Posts 198
  • Votes 42

LLC is the way to go for buy and hold. If you want to protect your assets. Listen to podcast 109 then seek a lawyer