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All Forum Posts by: Account Closed

Account Closed has started 16 posts and replied 307 times.

Post: Interior Demolition Question

Account ClosedPosted
  • New Jersey, NJ
  • Posts 327
  • Votes 137
I can't speak on how demo is done in certain states but from what I could tell you being a license contractor here in NY and you being in NJ which should not be much difference is do the following steps. 1- have them demo and take everything plumbing and electric. 2- the only scrap metal you should keep is copper, but also negotiate with the demo grew to reduce some cost if they want the copper, all other scrap metals are not word it. 3- has for the electric, just have them leave you 2 plugs because that's all you need until you update all your electrical. mostly all power tools are cordless so I doubt you will blow a fuse and you don't need any light because you work will be done during the day. ALSO NOTE: do not have anybody mess/touch/remove with any electrical panel or any electrical box, leave that for a license electrician to do because thats a big safety issue that could bring a lawsuit if a non-license electrician gets any injury for attempting to do so. The only thing the demo crew should remove are the wires and nothing else,

Post: NYC Queens wholesale?

Account ClosedPosted
  • New Jersey, NJ
  • Posts 327
  • Votes 137
Johnny Kang Any part of queens, any residential, any condition.

Post: NYC Queens wholesale?

Account ClosedPosted
  • New Jersey, NJ
  • Posts 327
  • Votes 137
Any part of queens, any residential, any condition.

Post: NYC Queens wholesale?

Account ClosedPosted
  • New Jersey, NJ
  • Posts 327
  • Votes 137
Hello everyone, I would like to know if there are any wholesalers who have any properties in the NYC queens borough?

Post: Plenty of Skills but No Cash to Get Started

Account ClosedPosted
  • New Jersey, NJ
  • Posts 327
  • Votes 137
Your the perfect contractor for any real estate investor. #1: become a real estate agent, that time of learning that field, I say you will have the complete skill set. #2: Learn about creative finance and use it wisely. #3: Investor will use you as a contractor which requires getting license in the state you want to work in. That's a good starting point and after a few projects with an investor, you will learn enough to become an investor your self. VERY IMPORTANT NOTE: books, video ,seminars will provide you with motivation and tools to make it in the RE game but the best method will always be learning hands on and with someone to guide. I'm in the NYC market which isn't the best place to start learning so I had to learn fast and perfection in order to compete with these top dogs.

Post: Lender for Refi

Account ClosedPosted
  • New Jersey, NJ
  • Posts 327
  • Votes 137
Go to any local lender and ask about a portfolio loan

Post: Solo 401(k) Provider

Account ClosedPosted
  • New Jersey, NJ
  • Posts 327
  • Votes 137
Justin Windham what would be the difference in going to those provider you mention or simply going online and using etrade, fidelity and etc? Do people save more money or something going through the provider rather the online sources?

Post: new york ciy metro

Account ClosedPosted
  • New Jersey, NJ
  • Posts 327
  • Votes 137
NYC is dried up, maybe in some areas of west queens you may find good deals and when you do find a good deal, don't expect to profit $50-100k, more like 20-40K if lucky. I don't mean to be negative but it's reality, high market area are for the big millionaire boys. I just came from a queens auction today and the numbers on the winning bids were eye poping.

Post: Please help! "Submit Offer" form needed (New York)

Account ClosedPosted
  • New Jersey, NJ
  • Posts 327
  • Votes 137
Brokers or real estate attorney can help you with the proper form, I may be wrong but I'm also curious to know

Post: 30 Units In My First Year

Account ClosedPosted
  • New Jersey, NJ
  • Posts 327
  • Votes 137
Great to hear, congrats