All Forum Posts by: Zaheer Jabbar

Thanks Andrew, yeah! Loopnet is not a freebie. I tried googling multiple units and realtor.com came up with some good stuff. It's worth a try instead of paying loopnet or costar. Now, I am not saying we shouldn't pay for services but for a starter like me, I have a take every Benjees into consideration.  I am getting to love realtor.com

Thanks guys for the info....

in certian areas of Pennsylvania and Ohio, the local MLS leads, are flooded with singles and doubles, but for the the higer units, there isn't much information.

I woukd like to know where would I get the forsale-information of multiple units - four and over? I know the local MLS would have single residentials and two families and so fort. But for units of 4 and over, where those advertisements are? I would just like to know.

Thanks for the advise everyone. I did some some research on the sewer company and found out the company is a rip-off, mainly a middleman calling local sewer people to do the job at a very cheaper price, lets say a hundred dollars or so, and they pocketed the 550. A very big rip-off. I then decided to used Yellowpages.com and found local rooters who charged a hundred or so, and it worked out very well.... Thanks again.

I did but most of them said that they have to go and see what has to be done and then they would give an estimate.  some want 50 to 100 dollars just to see what has to be done. its just a sewer back up. The one then went said it needs a hydro scrub so thats why I wanted to know if that price is normal.

Hey guys,  I am a beginner investor and I bought my first single family property which is now rented and there is a sewer problem which the company is charging $650, just to do a hydro scrub. Is that the normal price for a hydro scrub? Is there any reasonable recommendations? The property is located in farrell pennsylvania.

Well, to tell you: I love real Estate and BiggerPockets has really been helpful. In deed, they make everybody's pocket bigger by giving them free knowledge. At least, this one strong advantage of capitalist system, you don't get everything for free. You think I am joking, come to New York, you have to buy everything, even a piece cotton wool, so let us thank the sweet merciful Jesus for this site..

I like to tell you that I don't worry about nothing.. If get a deal or don't get a deal, I don't worry about nothing.. I know someday while I keep knocking, the good Lord will answer thy prayer. I am going to Pennsylvania to negotiate a deal with Real Estate Agent - Yes! You hear me right - with a Real estate dealer and you might think this is impossible but it's not. I heard a Biggerpockets podcast where this seasoned real estate investor shared some negation tactics and he said if you want to know if your negotiation skills are good, go to a bar and convince someone to buy you a beer... I say convince a woman instead to buy you a beer..Boy! If you pass that test you get any deal you want in life..

I listen hard Rock when I am doing Real Estate especially when go looking deals... There is a group called Drowning Pool.. Damn! I advise you to listen to that music before you do any deal... Drowning pool is really top class..

What are your opinions on real estate prices in certain parts of New York? Do you think house prices and rentals are over inflated here in New York? I am talking about residential houses. A single family house with little repairs done to it, may sold for 550,000K, wit taxes about 3500k... Rentals - a single floor goes for 1200 to 1300. If you know someone and that person likes you - you can get it for 950 or a thousand... The minimum wage is: how much? 8.75... Not too sure about the minimum wage. Now and again, you guys must remember New Yorkers in your prayers... 

No, I haven't done any deal in that area because the high taxes are very discouraging; taking into consideration that the unemployment figures are not too good. However, this is not to say that deals aren't done in that territory. Just that it is hard to find good deals, since most of these properties are listed with brokers. Even Foreclosures or pre-foreclosures prices are highly inflated in addition to the high taxes.

I think you should research the area you would like to invest in and look for FSBO... and apply your real estate formula and try to negotiate your way through a good price..

Here's is something to work with: Research Nassa County where the taxes are lower, like 3000k, or even here in queens where the prices are little higher but the taxes lower. You can get good foreclosure deals in queens where you can buy and hold. Again: do your research, especially for in between good neighborhoods for a good price and fair taxes.