Brooklyn Real Estate Strategies Checklist: H

ow to Wi

n in 2025

Pen Realty | Peter Mancini | Bro oklyn, NY

1.

Get

Y

our Finances in Order

Determine your comfortable monthly payment (no t ju st max pre -approva l) Factor in taxes, insurance, HOA/co-op fees, and main te nance Have proof of fun ds or pre-app roval letter ready

2.

Build

Y

our

T

eam

Choose a local, exp erienced a gent with Brookl yn connection s Identify a respo nsive mortgag e broker/lend er Have an attorney experienced in NYC re al estate transaction s

3.

Search Beyo

nd the Listings

Ask your agent about of f-market opportunities Network with friends, family , and local contacts Drive through nei ghborho ods to spot potential p roperties

4.

Craft a Competitive Of

fer

Review comparable sales wi th yo ur agent Include a strong earne st mon ey deposit Add a personal letter to the seller (if a ppropria te ) Offer flexible closing terms to match the seller ’s needs

5.

Understand Property

T

ypes

Research condo vs. co-op dif ferences Confirm financing requiremen ts for your pro perty typ e Evaluate rental and re sale potentia l

6.

Perform Due Di

ligence

Schedule a professi onal home i nspection Order a title search a nd secure title in surance Revi ew buil ding finan cials (for co-ops/con dos)

7.

Think Long-T

erm

Rese arch upcomi ng neigh borhoo d develop ments Consider appreciation po te ntial and re ntal demand Plan your exit strate gy before you bu y

Community Impact: While building your portfolio help us support

Alzheimer’s care with

Cari

ngKind NYC