All Forum Posts by: Joe L.

@Brian L. and @Bill S. thank you guys

Another thing I'm trying to understand is what people mean when referring to numbers.

Meaning, the numbers in relation to a deal. Is it just basic stuff or am I missing something?

E.G. A broker, who I found online btw:), told me he had a condo in SI New York, a short sale bank approved for 230k and resale at 270-280k and that he's even seen those go for 290k. Thats just basic.

What do I do from here?

What would be a way to assess repairs, closing costs and other expenses that I need to know about?

@Mike Bryant Thank You Mike for that info

I'm getting mixed messages regarding finding deals on the internet. I'm looking to fix and flip and some people tell me "don't waste your time looking online, if it was a good deal it wouldn't have ended up on Zillow, Trulia, Auction.com etc" and yet, others, say they spend hours online looking for deals.

My question is, what is your experience with finding deals online? and are the websites I mentioned above a good tool for investors in finding a deal? or should I rather spend my energy networking and calling brokers?

Thanks all for your welcome

Hey, thanks for asking

didn't know about it till now

unfortunately I have a prior engagement but I would like to go some other time

Where can I find out about NYC investors meetings in general?

Hi all

Glad to have joined

Just a little background on my "investment history". Bought 2 houses in Baltimore through a friend 2 years ago. Put in some money for basic/advanced cosmetic repairs. Held onto it for 2 years in which I didn't see a penny due to numerous reasons. So I just sold them off recently. Made like 12% profit.

Now i'm looking to invest closer to home, so that I can have a handle on things and be on top of it rather than rely on someone else. The million dollar question for me is where is my niche? What area, neighborhood, city, will I tackle and make it my comfort zone? Obviously it has to do with my goals. For probably the wrong reasons, which are to turn a quick profit, i'm looking for the buy, fix and flip deals. Perhaps I should look into wholesaling, holding, etc. But for now I think i'll go with the flips

I'm looking at places in NJ; Newark and Patterson, as well as Staten Island NY

If anyone has any experience with any of those places please contact me

For now, make it a great one

Hi i'm new here

Glad to join

Just need some info on Staten Island RE

What's the average time that homes are on the market for in SI?

House of interest; 3br/2br, 270k,

I'm new to SI so I just wanna know what i'm looking at in terms of re-sale