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All Forum Posts by: Katelyn Montrony

Katelyn Montrony has started 2 posts and replied 2 times.

Post: Contract flips in NY

Katelyn MontronyPosted
  • Professional
  • Eastport, NY
  • Posts 10
  • Votes 0
I have been in the real estate world for a while and have a good understanding on how to flip a home on Long Island. More recently I learned about contract flips (always knew what they were but never looked into it). There are a lot of big investors out there doing contract flips but I wanted to know if there is anyone doing this in NY? What are the legalities of it? How profitable is it in NY? How are you finding buyers for these contracts and how are you finding sellers ? I have posted numerous adds on Craigslist and I am just not sure how to find my buyers and sellers. Also I may add, I am a real estate agent, so I can access MLS to gain information on specific homes but I'm not sure how to put it to good use. I usually fail at finding valid contact information. Please help!

Post: Bank Owned Properties

Katelyn MontronyPosted
  • Professional
  • Eastport, NY
  • Posts 10
  • Votes 0

I am in the Long Island, NY area and there are tons of boarded up homes, When I look into who owns them I am finding it's the bank and then ROAD BLOCK! I am not sure where to go next. No one at the bank will talk to you or give you any information. I am not sure who to contact next. eventually these homes go up for sale and they never make it to the MLS because so many people want them. How can I get a step further from where I have been?