http://www.trulia.com/voices/Home_Buying/Investment_property_wanted_ready_to_buy_pls_he-328207I posted yesterday and really appreciated the advice I received, however now I'm looking for actual properties to buy. If anyone has a listing they feel can give me a positive or at least a neutral cash flow after an 80% LTV mortgage, maintenance, taxes and mgmt fees then please send my way. I am now looking in Manhattan and Brooklyn. Please include any properties that are being sold with a tenant or any properties that need some refurbishment, I am open to taking on a project if the numbers are right. If you do send me any links please also include the projected rent that could be achieved. I am very serious about buying and in a position to do so now. Thanksen-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-10019-2854563/http://www.trulia.com/voices/profile/Real_Estate_Pro-10019-2854563/If you are working with multiple agents, it will be hard to find yourself a good broker to concentrate on your project and to be instrumental to your search because they wouldn't want to spend all the time and energy to duplicate somebody else's efforts. All brokers are members of Real Estate Board of New York have access to all exclusive listings and you just need one experienced person to provide you with all possible options and help you analyze them.Mon, 07 Jan 2013 14:31:07 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-Encinitas_CA-852516/http://www.trulia.com/voices/profile/Real_Estate_Pro-Encinitas_CA-852516/You asked this same question on Trulia yesterday only you were looking for properties from Malibu to Orange County. I left you a comment but you've yet to answer. Are you asking we RE professionals to just send you listing to peruse and consider without any assurance that we'll end up working with you on them. Just how do you see yourself working with us? Exclusive Listing Agreemtnen? Buyers agent with a contract? Hand shake? Verbal agreement? LLC? I think these are valid questions. I work with a wide variety of investors/partners in myriad deals but I have aome type of agreement with them before I invest any time looking for properties for them.Mon, 07 Jan 2013 14:17:23 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-1521524/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-1521524/1175 York probably will meet your criteria - $450K is merely the asking price!Tue, 08 Nov 2011 13:00:30 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-767904/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-767904/It's highly unlikely that one could break-even on cashflow with an 80% LTV in NYC.Tue, 08 Nov 2011 09:46:25 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-1521524/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-1521524/Look ar 1175 York apt 1B - condo 940 feet - listed at $450K - price has flexibility - needs refurbishment but windowed bath and luxuriously large windowed kitchen - you can make this unit into a 2 bedroom and rent should be around $3650.- $3750. Common charges and taxes are around $2400. - including depreciation etc - you should be good $$ wise with this and when 2nd ave subway comes ( 6-7 years) york avenue properties will rise in price . My number atr Halstead 212 381 3270 my cell 917 363 1992Mon, 07 Nov 2011 09:48:40 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-852422/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-852422/Hi, I have a few investment properties, one is currently occupied and I think can work to your advantage. I'd prefer to discuss with you privately. Please email at nrafello@corcoran.com Thank you, Nick Rafello, V.P. Associate Broker The Corcoran Group 212-444-7852 office 646-221-8321 cell nrafello@corcoran.comMon, 07 Nov 2011 09:34:49 -0800http://www.trulia.com/voices/profile/Home_Owner-California-3268871/http://www.trulia.com/voices/profile/Home_Owner-California-3268871/Lake Almanor,Ca.96137. Rare turn key home and investment property multi use residential business.50acre zoned m.r.b.x. have been approved to build 2duplexes on back of property, not limited to being just a time share,weekly rental,business,office,or?? short walk to river and lake,property owners association available gated boat ramp,picnic area,swimming,fishing year round. this is a 4seasons resort area,near country club+2golf courses. $1,350,000. phone # 530 377 5485Mon, 07 Nov 2011 09:23:57 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_County_NY-2660204/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_County_NY-2660204/I have many Investment properties in Brooklyn - My Newest Exclusive >>> http://goo.gl/l4Miw I also have the inside lead on a CONDO CONVERSION 7 Story Evelator Bldg 33 Units 2, 3, &4 Bedrooms 50% Complete Lefferts Blvd. $4,950,000 For a preview of this unit or to discuss the wide range of our exclusives in our inventory.... Call Now. Billy Briggs Licensed Real Estate Salesperson Prudential Douglas Elliman RE 1995 Broadway New York, NY 10023 (646) 312-9873 (cell) http://twitter.com/BillyBriggsDEMon, 24 Oct 2011 15:19:15 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-568965/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-568965/Please call me. I am familiar with a number of solid investment properties throughout Brooklyn. I would be happy to assist you. Cindy Weathers Bond New York Properties cweathers@bondnewyork.com 646.319.8490Mon, 24 Oct 2011 06:38:01 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-2971844/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-2971844/Please look at my listing (link below). this is 2 bedroom un UWS in Manhattan. Very good investment property with very low monthlies. Pictures will be up later this week. I believe it could be rented for approc $3000/month. Maybe a little more. With 4.5% mortgage you'd have to put down a bit more than 20% to break even on the rent. http://www.halstead.com/sale/ny/manhattan/upper-west-side/200-west-109th-street/condo/2220283Wed, 19 Oct 2011 06:22:20 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-1275690/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-1275690/You cannot look at coops (like Tudor City) since investment coop loans no longer exist.Tue, 18 Oct 2011 16:06:28 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Fairfax_VA-115570/http://www.trulia.com/voices/profile/Real_Estate_Pro-Fairfax_VA-115570/I'm not licensed in New York, nor am I an expert in the area. However, in general, you're setting your sights too low. If you're putting 20% down, don't settle for a neutral cash flow. That's 0% return on your investment. It's true that there might be appreciation, but you can't depend on that. No one's going to guarantee the property will appreciate, or even retain its current value. If, for instance, you found something for $500,000, then 20% down would require an upfront downpayment of $100,000. With a neutral cash flow, you're getting 0% on your $100,000 investment. Might as well put your money in your mattress (or a mattress in New York, if you're facing currency fluctuations). Besides, it's difficult to calculate all the costs upfront. It'd be pretty easy to assume a neutral cash flow, then find out that it's actually costing you $100-$200 a month or more. Be more assertive. Demand a good positive cash flow. Don't settle for a minimal or nonexistant cash flow. Hope that helps.Tue, 18 Oct 2011 12:13:18 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-1521524/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-1521524/Please look at apt. 1B at 1175 york - it can be made into a 2 bedroom apt. and rented for around $3800.Tue, 18 Oct 2011 08:21:12 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-10019-2854563/http://www.trulia.com/voices/profile/Real_Estate_Pro-10019-2854563/Are you looking for residential properties only or multi-family, as well? We have some commercial properties in Brooklyn.Tue, 18 Oct 2011 06:46:23 -0700http://www.trulia.com/voices/profile/Home_Buyer-New_York_NY-3122950/http://www.trulia.com/voices/profile/Home_Buyer-New_York_NY-3122950/Rather than me phone all of you, which is difficult as I'm overseas at the moment, can you please send me real examples with financials to the following email address... letsrumble22@yahoo.com I will then go through these and come back to you. I should have also stated that I want to keep the mortgage down to 15 years, so given this fact I am open to some minor cash flow losses on an annual basis. Please send me whatever you think fits the above. ThanksMon, 17 Oct 2011 20:36:03 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-918759/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-918759/Can you email me directly? I will send you some CONDO listings. Also, I'll send you my listings as well. Nick Rafello, V.P. Associate Broker 646-221-8321 cell nrafello@corcoran.com MY LISTINGS: www.corcoran.com/nrafelloMon, 17 Oct 2011 20:22:40 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-2363558/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-2363558/I work with many investors. Happy to show you inventory with neutral and positive cash flow. My cell is 917 921 3758Mon, 17 Oct 2011 20:18:47 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-1506510/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-1506510/Hi: I have two investment properties going on the market within the week in Tudor City both with tenants in place. Please feel free to call me to discuss the possibilities. Thank you, Ann Deane, Bond New York 917-301-2157Mon, 17 Oct 2011 20:09:56 -0700