Author Topic: Real Estate investment  (Read 29720 times)

Online S209

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jun 2016
  • Posts: 3587
  • Total likes: 819
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
    • Gowns By Shevy
  • Location: Lakewood, NJ
  • Programs: Marriott Gold, SPG Gold, Ritz Carlton Gold, *G, Hyatt Explorist, Hertz PC, National EE, Rock Royalty Wild Card, Wyndham Diamond, MLife Gold, Total Rewards Diamond, Hilton Diamond, Uber VIP, IHG Platinum Elite, DDF Prez Platinum Elite, AmEx Platinum
Re: Real Estate investment
« Reply #180 on: January 14, 2019, 11:47:40 PM »
I hate them more than you but for a very different reason.
Do you hate shadchanim for charging 2k for a shidduch when all they did was make a few phone calls or do you understand that they had to try and fail on hundreds of others?
This is not the right thread for this. But A) Shadchanim and agents are very different and B) Iím not saying I donít fargin the agents, just that the system is insane, and should be disrupted. Iíve mentioned this before on DDF.


ETA: By ďfart inĒ, I meant fargin
Gowns By Shevy
732-806-1136
info@gownsbyshevy.com

Offline Zevi16

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Mar 2015
  • Posts: 2048
  • Total likes: 55
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Real Estate investment
« Reply #181 on: January 14, 2019, 11:54:22 PM »
This is not the right thread for this. But A) Shadchanim and agents are very different and B) Iím not saying I donít fargin the agents, just that the system is insane, and should be disrupted. Iíve mentioned this before on DDF.
I know youíve mentioned it and youíre not getting it.
Successful businessmen pass things over to others to have more time for themselves to make money.

As Iíve told you before. When it comes to business Iím here to make money not save money.
Of course my side hobby is saving money but not in the business world. Now obviously in each line of business you are out there to save. By bargaining, getting better prices etc but time is valuable.

Offline thaber

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: May 2008
  • Posts: 2962
  • Total likes: 159
  • DansDeals.com Hat Tips 4
    • View Profile
Re: Real Estate investment
« Reply #182 on: January 15, 2019, 02:38:48 AM »


As Iíve told you before. When it comes to business Iím here to make money not save money.
Of course my side hobby is saving money but not in the business world. Now obviously in each line of business you are out there to save. By bargaining, getting better prices etc but time is valuable.
https://www.forbes.com/sites/realspin/2014/08/18/a-penny-saved-was-never-a-penny-earned/#31709e182e88

Online S209

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jun 2016
  • Posts: 3587
  • Total likes: 819
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
    • Gowns By Shevy
  • Location: Lakewood, NJ
  • Programs: Marriott Gold, SPG Gold, Ritz Carlton Gold, *G, Hyatt Explorist, Hertz PC, National EE, Rock Royalty Wild Card, Wyndham Diamond, MLife Gold, Total Rewards Diamond, Hilton Diamond, Uber VIP, IHG Platinum Elite, DDF Prez Platinum Elite, AmEx Platinum
Re: Real Estate investment
« Reply #183 on: January 15, 2019, 01:06:32 PM »
https://www.forbes.com/sites/realspin/2014/08/18/a-penny-saved-was-never-a-penny-earned/#31709e182e88
Nice article. Also, strengthens my point. Wasting money unnecessarily (like by overpaying for real estate investments through inflated agent pricing) costs you double.
Gowns By Shevy
732-806-1136
info@gownsbyshevy.com

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8418
  • Total likes: 2080
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: 770
Re: Real Estate investment
« Reply #184 on: June 18, 2019, 03:49:46 PM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline hvaces42

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2013
  • Posts: 5009
  • Total likes: 838
  • DansDeals.com Hat Tips 14
    • View Profile
Fair warning - Any PMs sent in response to forum posts are fair game for ridicule in public.

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8418
  • Total likes: 2080
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: 770
Re: Real Estate investment
« Reply #186 on: June 18, 2019, 04:04:13 PM »
And heres a good reason why not to invest in multi-unit residential NY Real Estate...

https://www.nytimes.com/2019/06/17/nyregion/newyorktoday/nyc-news-rent-laws-ny.html
FTFY

I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline hvaces42

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2013
  • Posts: 5009
  • Total likes: 838
  • DansDeals.com Hat Tips 14
    • View Profile
Re: Real Estate investment
« Reply #187 on: June 18, 2019, 04:13:51 PM »
FTFY
Not sure if the security deposit and job loss (no eviction) provisions apply to everyone
Fair warning - Any PMs sent in response to forum posts are fair game for ridicule in public.

Online JS69

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jun 2011
  • Posts: 210
  • Total likes: 11
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: NY
Re: Real Estate investment
« Reply #188 on: June 18, 2019, 04:59:15 PM »
And heres a good reason why not to invest in NY Real Estate...

https://www.nytimes.com/2019/06/17/nyregion/newyorktoday/nyc-news-rent-laws-ny.html

The Dems have destroyed this city. Hopefully everyone will wake up next election round.

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8418
  • Total likes: 2080
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: 770
Re: Real Estate investment
« Reply #189 on: June 18, 2019, 05:13:06 PM »
The Dems have destroyed this city. Hopefully everyone will wake up next election round.
Donít hold your breath. Ainít happening.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Online grodnoking

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2014
  • Posts: 5331
  • Total likes: 439
  • DansDeals.com Hat Tips 14
    • View Profile
Re: Real Estate investment
« Reply #190 on: June 18, 2019, 05:20:53 PM »
Where we moving to? Land taxes is to high in Jersey.
I'm not who you think I am.

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8418
  • Total likes: 2080
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: 770
Re: Real Estate investment
« Reply #191 on: June 18, 2019, 05:29:05 PM »
Where we moving to? Land taxes is to high in Jersey.
Staying put here.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ~King Lake~

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Mar 2019
  • Posts: 419
  • Total likes: 85
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: i wish israel
Re: Real Estate investment
« Reply #192 on: June 18, 2019, 05:30:52 PM »
Where we moving to? Land taxes is to high in Jersey.
maybe come to NY for little while and then when you're gonna go back to NJ you'll say ho wow so cheap taxes over here
I'm going crazy, wanna come along?

Online grodnoking

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2014
  • Posts: 5331
  • Total likes: 439
  • DansDeals.com Hat Tips 14
    • View Profile
Re: Real Estate investment
« Reply #193 on: June 18, 2019, 05:43:15 PM »
maybe come to NY for little while and then when you're gonna go back to NJ you'll say ho wow so cheap taxes over here
The cost of property tax completely negates+ what you'd save in Jersey on income tax. Unless you make a significant amount more than average.
I'm not who you think I am.

Offline hvaces42

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2013
  • Posts: 5009
  • Total likes: 838
  • DansDeals.com Hat Tips 14
    • View Profile
Re: Real Estate investment
« Reply #194 on: June 18, 2019, 08:18:42 PM »
The cost of property tax completely negates+ what you'd save in Jersey on income tax. Unless you make a significant amount more than average.
NY property tax aint what it used to be. And water rates have skyrocketed where your monthly bill is basically what your quarterly bill used to be. I pay $6k in RE Taxes on a 2 family and $3600 in Water and Sewer. Throw in the annual sanitation summons and youre darn close to NJ RE Taxes. 
Fair warning - Any PMs sent in response to forum posts are fair game for ridicule in public.