All Forum Posts by: Viktoria Barrett
Viktoria Barrett has started 9 posts and replied 23 times.
Post: Flipping in Staten Island, NY
- Posts 23
- Votes 6
Hello everybody,
My partner and I reside in Brooklyn, NY. We want to start flipping, and thought we’d like to start more local.
Staten Island seems to be an option for us. If anybody here is familiar with its areas, I would love to hear your Opinions about neighborhoods and types of properties (single or multi, town house, etc)
Thank you!
Post: Benefits of becoming a Real Estate Agent in NYC
- Posts 23
- Votes 6
Thanks everyone for your input !
Post: Benefits of becoming a Real Estate Agent in NYC
- Posts 23
- Votes 6
Thank you Matthew. I’m definitely doing the course. And then will think if I should go for a license
Post: Benefits of becoming a Real Estate Agent in NYC
- Posts 23
- Votes 6
Originally posted by @Matthew Irish-Jones:
@Viktoria Barrett it will cost you an MLS subscription, a local Realtor association due, and possibly an eKey monthly fee depending on what brokerage you join.
The classes to get your Realtor license are a good way to learn about the industry. Getting sales is very difficult, and it may be harder than you think to get a few done a year if you are not doing it full time. Unless of course you have active friends and family that will use you.
Access to the MLS is great but... not necessary if you have a great agent who can get you set up on an auto email.
Post: Benefits of becoming a Real Estate Agent in NYC
- Posts 23
- Votes 6
Hello everybody. I'm new to Real estate investing, and thinking of obtaining a Real Estate license. I'm not planning to become a full-time agent, but still would like to do a couple of deals a year. The Main reason id like to do it is the access to MLS and for education.
Do you think is worth it? If you are an agent in NYC, what are the yearly costs to keep the license active? For a part-timer, should I join a Bigger firm or choose a smaller shop?
Thank you!
Post: Benefits of becoming a Real Estate agent in NYC
- Posts 23
- Votes 6
Hello everybody. I'm new to Real estate investing, and thinking of obtaining a Real Estate license. I'm not planning to become a full-time agent, but still would like to do a couple of deals a year. The Main reason id like to do it is the access to MLS and for education.
Do you think is worth it? If you are an agent in NYC, what are the yearly costs to keep the license active? For a part-timer, should I join a Bigger firm or choose a smaller shop?
Thank you!
Post: Buy and Hold option in NC: market condition
- Posts 23
- Votes 6
Joe, thanks for your input. I’ll check the area you have mentioned. Multi family would be ideal.
Post: Buy and Hold option in NC: market condition
- Posts 23
- Votes 6
Thank you for your reply Curtis. I have checked the statistics, it looks promising.
My only concern now with NC is the price of rent. Based on my calculations, the mortgage payment will be higher than the rent. Maybe I didn’t find yet something that would really work.
But, I’ll keep looking !
Post: Buy and Hold option in NC: market condition
- Posts 23
- Votes 6
I’m looking suburbs of Charlotte, Raleigh, Salem, Greenboro.
I haven’t found many multi family, and as someone mentioned in the thread they seem overpriced.
But I have just started my search. Would be comparing with other states as well.
Thank you !
Post: Buy and Hold option in NC: market condition
- Posts 23
- Votes 6
Originally posted by @Dawn Brenengen:
@Viktoria Barrett What areas in NC are you looking at? It's a very diverse state. There are plenty of well-off towns/cities that are thriving. There are also rural, poor areas like @Shaun J. described. I wouldn't recommend investing in one of those areas, but Raleigh, Durham, Charlotte, Asheville, Wilmington, etc are all great places to live. The rent to price ratios are not high, more like .7% but the taxes are low, and appreciation is steady.