All Forum Posts by: Adam Juodis

I will be there again! I enjoyed the last meetup.

@Angelica Osusky Awesome job! I'm happy to see young investors such as you having real estate success right from the get-go. I'm not much older(23) but I'm getting close to being ready to make my first REI purchase. I'm curious- what is the address of where you flipped the property? I like nearby Joliet and am pretty familiar with the area.

@John Bettridge Welcome to the site! Do your due diligence and do some studying before going out and making a purchase. Biggerpockets has all the information you need in order to succeed. Don't be fooled into paying for a real estate education.

@Allison Ledee Rehab and management. Sounds like a turn-key company, is that right?

I will be attending! See you Wednesday.

Those that have properties in NW Indiana, how far do you live away? I personally live around an hour away, and I have a 9-5 job, so it seems very difficult to find/invest in properties there. 

@Ben Zimmerman That's an excellent way to think about estimating prices. I was not thinking about the age/price point when it comes to accounting for repairs/Capex. Thanks for that perspective.

I was wondering, when analyzing a potential property to purchase, what % of rents do you account for to be vacancy, capital expenditures, property management, and repairs? I am starting to practice analyzing deals and running the numbers, but I do not want to lowball my expenses, or overestimate either. I was wondering what others in the community do when it comes to estimating these costs. 

Hi everyone. I just decided to pull the trigger and go Pro! With the purchase, I got some promos such as a digital download of Brandon Turner's book on No and low money down investing, some video interviews, and conference audios. I am wondering, where on the site can I access these 'freebies' I received when I signed up? Thanks for the help!

I live in the Chicagoland area, and our winters get very cold! Now, i have yet to buy my first investment property, but I am nearing that stage of readiness. My plan has been, lately, to pull the trigger on my first property early next year, when the weather starts to warm up(March/April). 

Throughout all the reading and podcasts I have listened to, somewhere(I do not recall) I remember hearing/reading that buying properties in areas that have harsh winters is not the best idea. Reasons being less tenants searching for a new place to live, tougher conditions to rehab, etc.

As a new investor, am i psyching myself out and halting my investing for no sufficient reason? I would like my first investment to be a success story, and I believe it will be. But as a first timer, I do not want to put extra bottlenecks on myself and make something new even more challenging, to start out. I am thinking come new year 2017, I will be educated enough to make my first purchase, but would it be in my best interest to wait a few more months before taking action? I'd like to hear your thoughts!