All Forum Posts by: Jon Menaster

I've got preapprovals from multiple lenders in hand and have had my agent mention this (as well me directly mentioning it), as well as that I have all cash required based on those preapprovals and lenders who are ready to move. But thanks for the idea.

Hi there,

I'm in NYC and looking at HomePath properties. I have had numerous issues with listing agents that represent Fannie with these properties and am trying to find out if this is just the norm or if I'm running into specific problems that I can solve somehow.

First issue: The property went 'active' and my broker attempted to schedule a viewing. No answers to phone calls, texts, or emails. Eventually two days later he gets a response from an assistant who says the property is taken. Lo and behold in a few days it's under contract.

Second issue: The property went from coming soon to active - this time, the listing agent simply announced they will not be showing the property. Instead of meeting my agent and me at the property, they announced that my agent must drive to Coney Island (an hour away from the property) to pick up the keys, view the home, and return the keys to the listing agent, all in the same day. They also will only allow this during business hours, meaning the home cannot be viewed after 5pm or on weekends.

My agent thinks that because these homes are such hot properties the agents can get away with not really caring, figuring somebody will buy them regardless. What's the solution here? I called up the Fannie Mae resource center and they said there's nothing they can do; if my agent wants to file a complaint they can, but the results of the internal investigation may take time and will never be made public.

I guess my question is how can I or my agent approach listing agents in such a way that gets them to want to actually do their job and return phone calls or show a property? What am I missing here?

Hi all,

Does anyone have recommendations for a good registered agent service for New York? I was using Registered Agents Inc (llcagent.com) and have found them to be poor and need a replacement.

Thanks!

Jon

congratulations! What an amazing milestone! I'm still working towards number one! 

Hi, I'm looking for a mortgage banker in NYC that's comfortable working with investors. I'm a first-time investor looking to buy a 2-4 unit property and live in one of the units; preferably with a low-down payment program (FHA or otherwise). Any referrals would be great!

Anybody have a good referral to a mortgage banker in NYC that's comfortable working with investors? I'm looking to buy 2-4 unit properties as a first-time investor using low-down payment loans.

What a great deal! Living in NYC makes me absolutely jealous of the prices for apartments... those are good prices to be paying for a room here!

I'd like to attend, thanks

Profit by Investing in Real Estate Tax Liens by Larry B. Loftis covers liens and deeds pretty extensively. It teaches you about notes and positions and all that jazz. Maybe it's not exactly what you're looking for, but it may have nuggets of wisdom.

Hey there!

So, I'm new as blue but am super excited about it all. I've read a ton here on BP and watched some of the videos on the YouTube channel and am working on the podcasts. I'm also starting on books. So much to learn!

I live in Washington DC but am interested in landlording 2-4 unit properties (potentially wholesaling a bit, but not yet).

Anyone have tips about good meetups to go to?

Thanks!

Jon