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All Forum Posts by: Adam Mazzochi

Adam Mazzochi has started 7 posts and replied 32 times.

Wondering is a condotel is a good or a bad investment. What I like about it is there’s NO effort needed and the association/rental program does all the work and you can still make like 10 percent. What is your experience or advice with condotels any thoughts?

Post: What would YOU do if you have a large sum of money?

Adam MazzochiPosted
  • Manorville, NY
  • Posts 35
  • Votes 1

@Joe Villeneuve how ? I’m curious of your ideas

Post: Why are so many new investors looking for out-of-state properties

Adam MazzochiPosted
  • Manorville, NY
  • Posts 35
  • Votes 1

@Danielle E. Nice to hear your comment I’m from long island and the prices here are astronomical lol. If you don’t mind me asking where do you invest not like it’s in your best interest to help me but if you can send me a PM please and good luck :-)

Post: Why are so many new investors looking for out-of-state properties

Adam MazzochiPosted
  • Manorville, NY
  • Posts 35
  • Votes 1

@Nathan Williams not like it’s in your best interest to help me but what area is good to invest in in your opinion. I’m from Long Island the prices here are astronomical so any advice would be helpful :-)

Post: Today I closed on my 10th property

Adam MazzochiPosted
  • Manorville, NY
  • Posts 35
  • Votes 1

@Jason C.

I like multi family’s too but I don’t have many in Long Island. What do you think of single family houses vs duplexes and triplexes not in your immediate area???

Andrew I plan on less then 5 years more like 3 years. I’m also really going to build up my equity in the next ten years and I’m thinking of investing in tax lien certificates have you ever thought of doing this?
The title says it all what are you thoughts of taking value out of your house to buy another you will rent out and pay off within 5 years vs purchasing a rental house with the brrrr strategy or just getting a mortgage on a turn key investment. If have any pros or cons please list them below and thank you. Adam Mazzochi

Post: How to calculate comps on a house

Adam MazzochiPosted
  • Manorville, NY
  • Posts 35
  • Votes 1
PM me please I would like to know what tools you use

Post: How to calculate comps on a house

Adam MazzochiPosted
  • Manorville, NY
  • Posts 35
  • Votes 1
I’m new to this and don’t want to make any mistakes calculating my numbers before I purchase. What’s the best way to calculate comps on a house. Is there any tool or website that can do it for you? Thank you for your advice

Post: I need more REFI options to mortgage a BRRR house

Adam MazzochiPosted
  • Manorville, NY
  • Posts 35
  • Votes 1
I’m about to apply for my REFI on a BRRR investment and I keep hearing about this 10y ballon investment mortgage which I do not like. Can anyone give me more options please for a residential BRRR REFI??? House number 2 btw