All Forum Posts by: Rich Ramjatan
Rich Ramjatan has started 2 posts and replied 23 times.
Post: Property manager, Hudson County NJ?

- Contractor
- Bronx, NY
- Posts 27
- Votes 15
@Ibrahim Kanan
PM me
Post: Owner financing Question

- Contractor
- Bronx, NY
- Posts 27
- Votes 15
@Patrick Stuckwish
Run
Post: Buying property without Survey

- Contractor
- Bronx, NY
- Posts 27
- Votes 15
@Mak K.
Always a good idea to have an updated survey of the property .
Post: Finding a portfolio of properties

- Contractor
- Bronx, NY
- Posts 27
- Votes 15
@Kush Khandelwal
How about large multi family ? I could imagine it would be easier initially than looking for a portfolio of properties .
Post: Compensation for BRRR project manager

- Contractor
- Bronx, NY
- Posts 27
- Votes 15
@Todd Rasmussen
I also second this . Why hasn’t the General Contractor route work out for you? I
I think what you are trying to do is make this person a filler for a GC , which he probably not cut out for . In my opinion , for a project only $60k, a qualified GC should be able to handle that easily .
Now If you have multiple projects , maybe it’s better you hire someone to manage multiple GCs , or find a GC capable of running a few projects at time .
Post: NYS / Federal Income Tax

- Contractor
- Bronx, NY
- Posts 27
- Votes 15
@Darshan Patel
Which area are you looking at?
Post: Bank asking for 2 years proof of salary?

- Contractor
- Bronx, NY
- Posts 27
- Votes 15
@Roy Gottesdiener
Pretty Standard
Post: Ideal contractor to hire

- Contractor
- Bronx, NY
- Posts 27
- Votes 15
@Luis Moreno
Sounds like an ideal arrangement for an investor and a recipe for disaster on his end . As a General contractor , I do just that , a GC, I am not financing anyone’s project unless it’s some sort of partnership . He might have a good “flow” going now , but eventually you’ll burn through money . All it takes a few rotten eggs and there goes all his cash . We wish everyone the best but personally, I do not think that’s a sustainable business model .
Post: Any NYers here willing to network and learn from each other

- Contractor
- Bronx, NY
- Posts 27
- Votes 15
@Yuriy Davidov
I’m a contractor from NYC . I’d be interested in networking .
Post: Out of state investing

- Contractor
- Bronx, NY
- Posts 27
- Votes 15
@Sean Toomey
Hey Sean , what areas in Connecticut do you invest in ?