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All Forum Posts by: Robert Ilario

Robert Ilario has started 5 posts and replied 18 times.

Post: How to find comps?

Robert IlarioPosted
  • Holbrook, NY
  • Posts 18
  • Votes 1

I am a newbie fromLong Island. I am trying to find the best way to locate recently sold comps for the areas I am researching. I am not a R.E. agent so I am not familiar with the process. Any help appreciated.  

Thanks

BOB From Long Island.

Post: How to find comps?

Robert IlarioPosted
  • Holbrook, NY
  • Posts 18
  • Votes 1

I am a newbie fromLong Island. I am trying to find the best way to locate recently sold comps for the areas I am researching. I am not a R.E. agent so I am not familiar with the process. Any help appreciated.  

Thanks

BOB From Long Island.

Post: Greetings from Long Island!

Robert IlarioPosted
  • Holbrook, NY
  • Posts 18
  • Votes 1

Welcome Chris. Newbie myself from Holbrook. Looking to get started asap so I can kiss through LIRR goodbye.  

Post: Should I be starting an LLC before I start investing?

Robert IlarioPosted
  • Holbrook, NY
  • Posts 18
  • Votes 1

thank you Tariq. 

Post: Flipping on Long Island NY?

Robert IlarioPosted
  • Holbrook, NY
  • Posts 18
  • Votes 1
Originally posted by @Abram Ylitalo:

@Jason Stephens  @Michael Anspach @Junaid Subzwari @Mike Garofalo

I sent colleague requests to you guys and the system thought I was spamming as I added you.  I wanted to work on getting a meetup with all of us, maybe coffee somewhere.  I live in Nesconset.  When I don't reply to your messages cause mine are currently locked I wanted to make sure you know I wasn't just ignoring you guys.  

I was buy and hold in Hawaii for a number of years and still have some stuff there.  Long story short I found myself here on Long Island and am finishing up my RE License and am starting to network now.  I'd like to get back into the market for possibly rehabs.  From what I understand buy and hold here is next to impossible cause of astronomical taxes.  @Joshua Dorkin and @brandon turner (who has apparently disallowed people to tag him in posts) and many of the guys I've heard in the BP Podcasts would guffaw as there is no way (that I've seen) you can be anywhere close to 50% rule here. Once you get into commercial, maybe 50 units, you could but those, here, are millions to get into. Some of the agents I've spoken to here swear by flips and even the investors I've spoken to swear by the MLS here. Apparently Suffolk county doesn't sell their list of tax delinquencies. They go to auction I think after 3 years?

Post: Greetings from Long Island!

Robert IlarioPosted
  • Holbrook, NY
  • Posts 18
  • Votes 1

Hey Chris

New to site. I live in Holbrook but work in Brooklyn for 29 years. Looking to start Real estate investing on Long Island then hopefully in areas throughout the U.S. Have you had any success over past few years? 

Post: Should I be starting an LLC before I start investing?

Robert IlarioPosted
  • Holbrook, NY
  • Posts 18
  • Votes 1

I am looking to jump into Real estate after 29 years of working for the same company. I really can't wait to say good bye to the Long Island railroad!!! Should I be opening an LLC before my first investment? Does it matter?

Post: Greetings from Long Island!

Robert IlarioPosted
  • Holbrook, NY
  • Posts 18
  • Votes 1

Hi Chris

  I am a newbie to Real estate investing myself. I really want to say good bye to the Long Island Railroad after 27 years of commuting. I am looking to get started asap. I am from the Holbrook area.