Century 21 Princeton Properties
I value your feedback, please hit thumbs up if my reply was helpful. All the best!
Michael Denniston l Cell: (917) 699-0183
Residential Home Funding, Corp.
Licensed Mortgage Loan Originator l Sales Manager
6901 Jericho Turnpike Ste. 219 | Syosset, NY 11791
Main: (516) 605-1733 | Fax: (888) 881-2557
NMLS # 24076 | Company NMLS # 34973
EXCELLENT section 8 deal IMO. Research the program and call and see if they are taking new landlords and then go nuts a buy a few houses....They cut you a check at beginning of every month. I had a nice deal with this on an investment property a few years back and it was great. Some tenants are Ok and some suck but you get paid every single month regardless. I did EARP section 8 and only took families with a bunch of kids. They cut me a check for 10k (maybe more now a days) and paid on the 1st of the month, every month for 3 years. I made 1k a month.
If you want more details on the experience, send me a note.
Use these to get an idea of the rental trends and price comparables....http://www.zilpy.com/
Use this site to get a general idea of housing trends, average sale prices, sales summery ect..
All info taken from public records.....http://www.bhgrealestate.com/Views/Look/Default.aspx
Trulias interactive price map provides good info,,,,http://www.trulia.com/home_prices/New_York/Nassau_County-heat_map/
If you are going to be an investor then research and learn all you can about the Market area. You need to prepare yourself so you can interview and ask the kind of questions that will help you select an agent to work for you.
Just for fun check these out...http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp
Good luck with your investments...Dunes
In the area of Roosevelt, the price range for Single Family homes ranges literally from $114,900 (foreclosed) to $599,000. There are 180 homes for sale in Roosevelt.
Please email me, and I will send you list for sale and for rent in Roosevelt area.
Charles Rutenberg Realty