OfflineI've found my first buyer for my buyer's list and now I'm stuck. My buyer is looking for any R6 or R7 in the Queens area. He has no limit in how much he wants to spend,but he's definitely looking for bargains and that's where my problem starts. The New York market just seems to be so flooded with people that are buying and selling and that know so much more than me. How am I ever going to find something for my buyer that a thousand people haven't already seen or heard about and would've jumped on if it would've been something worth buying. How is it possible that there's going to be a property just waiting for me to pluck out and bring to my buyer? I just feel like I'm at such a disadvantage at this point in this market. Can anyone help me out? I really appreciate it.
Starting out in New York
Posted on: Mon, 03/08/2010 - 01:48
Try to find the ugliest property in that specific area and send postcard or letter. If you have access to properties with code violations it should be a goldmine. I started sending letters to some ugly properties about a month ago spending $12 per week for the stamps of 30 letters and got 6 replies so far, i'm working on with only 1 of them right now because I have a ready buyer for that area.
I will increase the number of letters that i'll be sending next week, maybe 50 or 100 because I found out that this is a numbers game. Just stay in this site and you'll learn a lot of tricks. Stay focus. LA
Everytime you repeat the words "I CAN DO IT" with conviction, you cancel or override your fear and increase your confidence. By repeating this affirmation over and over, you can eventually build your courage and confidence to the point where you are unafraid. -Brian Tracy-
Thanks so much for responding. How would I get access to buildings with code violations?
continue building your buyers list, There are so many properties in NY that no one knows about, get out there and find some abandoned homes in your area and try to find the owners, then see if you can get the home under contract for a great price and pass it to your end buyer.
good luck.
Richie.
Thanks Richie. I really appreciate it!!!
Hi there,
I maybe on to a deal that we can partner up on. I'm waiting to hear back from the seller. I have a desparate owner that needs to sell their home fast! I'm not sure of the location yet other than it is in New York. it is a 2b/2ba priced at 40% below the appraiser value.
Peace and Blessings,
“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that frightens us. Actually, who are you not to be? You are a child of God. Your playing small doesn’t serve the world. There’s nothing enlightened about shrinking so that other people won’t feel insecure around you. We were born to make manifest the glory of God that is within us.”
- Nelson Mandela
I'm not sure but there's probably a website in your state that has a link on properties with codes. Try the government/ New York housing office and ask what's the website. Or google it, just use any ideas you have in mind. Don't give up. WINNERS FINDS THERE WAYS TO WIN....BIG TIME !!! Go go go... LA
Everytime you repeat the words "I CAN DO IT" with conviction, you cancel or override your fear and increase your confidence. By repeating this affirmation over and over, you can eventually build your courage and confidence to the point where you are unafraid. -Brian Tracy-
I'm definitely interested. Just added two more buyers to my list today, so let me know as soon as you have more details...
Why cant we who work here try to arrange a monthly meeting and get to know each other, and in that way help each other to make our market grow?
I don't know, but I think the market in NY is one of the hardest in USA to day.
if we can go together we can help each other with our small issues and experiences.
I have just start to look in to Inwood, I believing that it will be a good area for future investment, prices is very moderate there.
I also need to know if any one has any experience with ziprealty.com
BK Voice
Great idea set it up and i'll be there
Assignments can work in NYC,....BUT!!!!!,.....its got to be a house that is not listed with a broker to have no issues involved.
Most agents/brokers know or have heard of assignments and generally won't deal with them if its foreign to them and they feel it will tie up the selling process to prevent another person who is presently qualified from buying.
I however have no problem working with people doing assignments. The only thing I ask is that you have your end buyer(s) in place by the time we speak. As people on here know, i'm flexible and always looking to make money, but be straight up on what you can and cannot do and have acess to. Honesty makes the process go by faster.
If you control the home, you control the deal