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Freedom First REIA, LTD

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Monthly Meeting- Rob Fishbein & Brian Aguirre

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At the next FFREIA Monthly Meeting on July 9th from 7 pm- 8:30 pm, you won't want to miss hearing from these professionals! 


 Brian Aguirre, a Home Depot Pro National Accounts Manager, will guide FFREIA members through Home Depot Pro offerings. Home Depot Pro provides FFREIA members with valuable resources through several products and services.
                   


Rob Fishbein is a founder of JM Real Estate Capital and expert in investor and commercial financing. Learn not only about their products and services, but gain insight from a lender's perspective. Rob comes from a background in stock & bonds on Wall Street and has been in the mortgage business since 2002. 

See you there! 
events.aspx?ID=Main-Monthly-Meeting-120-7-9-2020">https://www.ffreia.com/events.aspx?ID=Main-Monthly-Meeting-120-7-9-2020


Housing Demand Above Pre-Pandemic Levels

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If you’ve tried to buy a house during this time, you may be surprised at how quickly viable homes are being snatched up. Despite the pandemic, housing demand continues to rise. Some experts indicate it is 25% above pre-pandemic levels.

Homes are selling at higher prices in part due to new listings being down by an average of approximately 27.1% from a year ago, as Zillow reported. The following chart shows the decreased percentage of listings for key cities in each state. With more buyers than sellers, this low inventory has obviously maintained an optimal seller’s market.

While the quantity of stock is lower than last year, there are different predictions for how the second half of 2020 will pan out as well as the beginning of 2021. For buyers, there may still be heavy competition for a home, but the upside is the low mortgage r
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Landlord & Tenant Law Practices in NY

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With the amount of information going around, make sure you are up-to-date with the right information. For landlords specifically, that means staying current with laws and regulations.

Join expert, Jaime Cain, Esq. as she has a round table discussion in her video (Episode 60) regarding the statutes for landlord and tenant practices in NY. As we saw in 2019 with the Housing Stability and Tenant Protection Act, certain dynamics around long-term real estate investing have changed. She'll guide you through each RPL and RPAPL section with her deep insight and expertise in real estate law.

Along with going through those regulations, she'll take you through what to watch out for in light of COVID-19 and the court reopening process. https://boylancode.com/RERT/


UPCOMING eventS:
June 18- Alternative Real Estate Investing Strategies (AREIS) at 7 PM
June 25- Landlord Support Group at 7 PM
July 2-Alternative Real Estate Investing Strategies (AREIS) at 9 AM
July 9-Landlord Support Group at 8:30 AM
July 9- Main Monthly Meeting at 7 PM
July 16Alternative Real Estate Investing Strategies (AREIS) at 7 PM
July 23- Landlord Support Group at 7 PM


From Leon Griggs & Mary D’ Alessandro

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Hello Everyone,

Earlier this month, I took the opportunity to respond to an email from Mary D’Alessandro. She sent the email to the Under One Roof coalition group led by Deborah Pusatere and Jaime Caine, Esq.  In her email Mary did an excellent job outlining the challenges we have as housing providers.

Our objective is clear - We (as real estate investors) are in a fight and we need your help. We need everyone's help. Please take a few minutes to read my email reply to Mary and listen to the documentaries I suggest. I hope you find the information enlightening.

Also, Jaime and Boylan Code LLP hosts an informational meeting a 2 PM each weekday. The sessions are abundant with real estate information that impacts everyone reading this email.

Leon Griggs Jr, President Freedom First REIA, Ltd.

Please see the outlines of challenges we face and coinciding actions through Mary's email below:


Housing Providers and  Management Companies,

I'm going to lay it on the line for you. I'm not a drama queen, what effects you also effects me.  I am not asking of you anything that I am not willing to do myself. What is being said in this letter are my thoughts, if you have a problem you can take it up with me.  I have attached articles as proof of fact of what our industry is up against.  


Property Leads: A Key Resource for Real Estate Investors

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As a property investor, it’s of the essence to receive timely property leads as well as sending out your own leads. Members of FFREIA are privy to property leads that come in as well as being able to share leads to over 1,000 Real Estate Investors.

If you are a member and haven’t taken advantage of this resource as well as the FREE member website, you’ll want to make a move on this right away! Your professional website will provide the necessary details that buyers and sellers want to know about you and your company. With access as well to use the free report for sellers, when a seller views the report, you’ll receive a notification along with their contact information for follow up. This is a fantastic tool for generating contact leads!

To view posted properties, take a look here at the property list webpage. Once you are on the page, in the dropdown tab, you can filter based on whether you want to view all properties, single-family or multifamily. From there, you can filter even further with pricing, number of rooms, location, etc. To post your own properties,
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Alternative Real Estate Investing Strategies

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#AREIS



There are many ways to invest in property and the community around you.  When you attend an
Alternative Real Estate Investing Strategies meeting, members of FFREIA discuss a variety of means to invest.

Are you interested in learning more about property investment? Or do you know a lot about alternative investing and have a desire to teach others what you’ve learned? If you are at either end of this range, you won’t want to miss the AREIS meetings!

In a recent article, G. Brian Davis discusses some out-of-the-box ideas when it comes to alternative real estate investing like real estate crowdfunding websites, notes, and real estate syndications. Whatever you choose, when it comes to property investing, it’s important to keep informed and up-to-date on legislation surrounding each type of investing. Due to the potential legalities and revolving information, it helps to be a part of a group like FFREIA t
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Main Monthly Meeting: Presentation + Q&A with Steven Pheterson, Esq.

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 Main Monthly Meeting
Presentation + Q&A with Steven Pheterson, Esq.


Are you interested in strengthening your knowledge and keeping
up-to-date with real estate law and regulations? You won’t want to miss the upcoming meeting in May! As a property owner, alternative investor or landlord, it’s imperative to keep informed with any current legislation.

Things can change quickly and often as we’ve seen in the last year. As property investors, we want to make sure that we keep up with new data. As an organization, we want to provide access to key resources for our members and this meeting will deliver important information you need!

Stay-tuned and mark May 14th in your calendar as FFREIA’s attorney, Steven J. Pheterson, Esq. brings his knowledge on real estate legislation to the table. He’ll address these current topics so be sure to bring your questions as he’ll hold a Q&A session after to answer any inquiries.<
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Member Spotlight: Patrick Gallagher

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To read the article visit: https://realestateinvestingtoday.com/real-estate-journal/As a

As a reminder due to COVID-19 all meetings are currently being held online. Join us for this week’s Alternative Real Estate Investing Strategies (ARIES), April 16th at 7:00 PM- 9:00 PM (networking at 6:30) via Zoom https://zoom.us/j/97376816053?pwd=aHBvS2NQejBFc0Q3VFBBczNQMTlXUT09. Help spread the word by sharing the event post on Facebook with your friends: Read More...


Thursday, April 9th: Freedom First General Meeting

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Join us online for the Freedom First General Meeting on Thursday, April 9th from 7-9 PM! Our special guest speaker, Jaime Michelle Cain, Esq. will be discussing important topics including current legislation on Tenant Stabilization, Fair Eviction and now COVID-19 tenant protections.

Jaime brings extensive experience and knowledge as a partner in the Real Estate department at Boylan Code LLP. Ms. Cain concentrates her practice in commercial and multi-family real estate transactions throughout New York State. She is well-known as the attorney and leader behind our efforts associated with Under One Roof.

Jaime Michelle Cain
assists buyers and sellers
in all aspects of real estate purchases, refinances, leasing and construction. In addition, Jaime represents local and regional banks in lender financing, including SBA 7 (a) and 504 programs. As part of her practice she represents owners, landlords, and investors and provides Fair Housing training and consultation to ensure compliance with federal, state and local laws. Jaime is proficient in commencing and defending summary proceedings on behalf of clients for non-payment and breach of lease. She also defends landlords accused of violating th
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Joining Efforts to Protect Our Homes

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There is no doubt a national crisis upon us when it comes to health, work and our homes. Millions of Americans are faced with joblessness amidst the current pandemic. With the loss of income and/or the loss of health, a domino effect has occurred and has impacted almost every area of our lives.

Currently we all are experiencing tension in the face of an uncertain future. Whether that be health, career or home, we all have something at stake. When it comes to the housing market, there are several points of impact, from the renter to the investor or landlord.

For landlords, renting out property is a means of revenue. For some, this is their only means of income. Renters and landlords are both facing dire circumstances from either side of the spectrum.

Thankfully, there are organizations getting involved and working hard to see that individuals on all sides are being represented. Under One Roof Coalition as well as FFREIA are  pushing forward to help both tenants and property owners. Through the National Apartment Association, we are asking Congress to help renters & property owners to recover from COVID-19 and the housing issues it’s caused.

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