All Forum Posts by: Shane V Charles

Hi @Nicholas O'Hara, which NW suburbs are you currently considering? My partner and I are Chicago-natives, as well as, rental property investors in the city. We are happy to share insights about our market knowledge and connect you with the best professionals in the industry. Feel free to send us a direct message if you're interested in chatting further.

Hey Michael,

Greetings from New York! That sounds like a great strategy considering you have family in the area and visit often. We are Upstate wholesalers and have found much success in these areas. We currently have a few properties available in Schenectady and Ulster County should you still be interested. We would love to connect with you if you are ready to move forward.

Hi there,

As our business is gaining traction, we would love to connect with other professionals in the industry who are also located on the East Coast. Investors: What has been your experience when working with wholesalers on the East Coast? Wholesalers : In comparison to your first deal, what were key factors to closing your second deal?

We have found a number a systems and methods of approach that has added value to our business and we are happy to share if anyone is interested!

Hi BP!

I'm looking to connect with an experienced real estate investor in the Detroit area. If you or someone you know has experience in the Detroit metro area, please send them my way! I'd love to pick their brain and bounce ideas off them.

Does anyone know of or recommend an experienced General Contractor and/or Inspector in Jersey City, NJ?

Does anyone know of or recommend a broker/agent in Jersey City, NJ who has experience in multi-family investing?

@jameswise Thank you for providing us with such useful information. 

Hi All,

My partner and I are in the beginning phases of purchasing our first multi-family investment property in Brooklyn, NY. Since this will be our first investment property, we are seeking a turnkey investment that we can quickly generate immediate cash-flow. However, with the barrier to entry being around $1.1M  in the up and coming neighborhoods including Flatbush, Bed-Stuy, Bushwick, Sunset Park, etc., we are having a difficult time obtaining a portion of the funds needed to purchase. 

The multi-family route is our first preference, but we have also looked into starting with a short-sale or condo since those require a lower barrier to entry. However, with a short-sale, we understand that could end up costing us more money in the long run. With a condo, we would not be generating cash-flow as we would only have one door. Our goal is to secure 2-3 multi-family investment properties by the end of this year throughout Brooklyn and the Midwest.

We are seeking guidance and advice from experts in the New York market as well as any recommendations you may have for investors looking for partnership opportunities in this fast growing market.

Many thanks!

Shane & Gabriela