All Forum Posts by: Lulli Debrosse

Just want to give a huge thanks to @Cary Tober for putting the meeting together. Everyone was so helpful and positive. I really think a lot of people are going to benefit from this group. Even the chats at the bar after the meeting were fruitful. 

Can't wait for the next meeting. 

I told myself I'll listen to all the podcasts from oldest to current. Reading the comments on this episode is testing my will power. Currently on Ep: #128

@Aqil Dharamsey To me NY is too risky. The fact that it's not a landlord friendly state is a major pain point for me. I (as a person starting out) wouldn't touch NY this early in my investment career.

@Matt Honeyford Thanks for your blunt honesty. As a new investor, I'm still in my research phase. I'm looking towards North Carolina but everyone around my area seems to be hooked on Rochester.  

@Johnny Kang and @Benito Sifuentes what about doing it via crowd sourcing? As an example not a business idea... We provide a app that offers credit towards rent to tenants. With that app we would also get ratings from those using the app for things like area safety and make it easy to post an event that happened (like a house fire.) We can just funnel all the info for particular areas into a database. With that we can try to figure out which areas that "buy and hold", flip, etc... opportunities are.

Sorry if its vague, I'm just trying to see what your thoughts are on possibly getting something like this done.

I would like to get into investing in multi-family buy and holds. I've been looking through websites for ideas on where to start. I'm starting to think that I'm looking at things too granular too soon. Should I be looking at the macro of states and then drill down? 

I'm interested in "buy and hold" investing. I wanted to code my own web app that will 

• Look up listings across the US or area i'm interested in
• It will cross reference the crime rate and other data
• It will also look at craigslist rents to see if the area meets the 2% rule

As you can tell I'm shooting off the hip  with the data to incorporate.  I'm new to all this and I don't know which pieces of data can help best filter my decision.

P.S: If anyone knows a good sites with an API that has data to work with, I would much appreciate it.

disclaimer: I own nothing and I have never been a landlord.

In all honesty I would take it as a loss. Going forward if the situation arises again(hope not), I would explicitly state that the window units draw more energy and the tenants are responsible for any increases.

I don't know what type of AC unit you have, but when you say it's "running rough"...

rough as in mechanically or it's just not cooling after the repair? If it is not cooling you might what to check the amount of charge they put into your system.

 I'm in NY and I was thinking the same thing

@Steve Kontos I'm open minded especially because I'm new to all this. I'd rather get my money to go a lot further like you  said.