All Forum Posts by: Les Jean-Pierre

You aren't messing around!

Congrats. Good to use those grants too. You might want to look up NYSERDA too for energy improvement grants. Also your local utilities.

Nice. Was it in California?

I had a very good experience with a title company on a refi. I don't know if they do double closings but I would think they can. Will get the info to you tomorrow.

I had a policy cancelled due to a lawsuit. Just went to my broker and they found me a new one. It was slightly more expensive. Ironically, two years later, the rate has gone done below the original insurance cost.

I have a 9-5 and it would be nice to have someone handle scheduling repairs. I communicate with my tenants so it is not too intrusive but sometimes I can get fed up. Also, would be nice to have someone handle deliveries of supplies.

Knowing NYC, they would likely require it. Did you speak to a lawyer?

I was also thinking, lets say your portfolio does go down. Do they start doing margin calls or do the at least give you time to add money/securities to the account? You might have a long term positive view on a stock and just because it went down doesn't matter to you. Maybe you want to post cash instead of liquidating a position.

I have heard of this before the bubble. I guess the concern is what happens if your stock portfolio crashes(and how you hedge your portfolio). Do they allow this against retirement funds? And what is the LTV?

I would try the county or town website  first then if you don't see it there, call up up the dept of buildings. If not, then you likely have to pay. I don't know how much to expect from the suburbs.