All Forum Posts by: Albertinny Colin

Hi @Natalie Kolodij

I hope all is well. Great, thanks for the advice!

All the best.

Hi @Anthony Tonsoline

I hope all is well. I've heard good things about the neighborhoods you mentioned! When you say gentrifying areas, which areas specifically comes to mind? 

Thanks!

Hi @Brendan Lawrence

I hope all is well. Cool looking and clean website. Is that your lead generating website?

Interested to know how you learned and how long it took you to acquire the skills necessary for being successful in PPC marketing?

Thanks. 

Hello BP Family!

I hope all is well. With 2020 upon us comes a new decade of innovation. That being said, in Real Estate investing there are tried and true methods of generating leads. What is one method/technique of lead generation that was rewarding for you last decade and what is one that you will improve upon or develop? 

Curious to know people's thoughts.

Feel free to be vague if you're scared of giving too much information! :)   

Thanks.

Hi @J. Tyler Copeland

I hope all is well. Thank you for your recommendation!

All the best.

Hi @Laura Shinkle

I hope all is well. Thanks for your insight! Airbnb is definitely a great option that I really should consider more now that you mention it. 

I am moving from Burlington, Vermont! A little too cold up North here for my liking lol. 

Would love to chat more about the techniques your clients apply to be successful within the Airbnb space!

Thanks.  

Hey @Parker Randolph

I hope all is well. Reading your post, I can't stop but think  of myself early on when I learned about the business. To this day I am excited as ever and definitely know I have found my calling - REAL ESTATE!!! 

After closing my first wholesale deal, I actually stopped working and found myself diving in head first. I put 60% of all the money I made back into my business and the rest of the 40% was my living expenses. I took that risk. Long story short, after a couple failed closings and expired contracts, I began running out of money to sustain myself. Currently, I still find myself working a full time job AND completing my Master's degree. Even better, I have also now expended my business and doing very well as a part time wholesale investor. I have closed an additional 2 deals and have 2 more currently under contract waiting for a buyer. One of which happen to be in a market I have never stepped foot in (Tampa, FL). I am now using my income from my full time job as a way to funnel my business. Eventually, of course, the goal will be to have my passive real estate income offset my W2 job.

Here is my point in all of this: You can do both without having to quit one! 

Obviously, this is a different scenario that you find yourself in but I hope you can understand the correlation. It's great that just like myself, you have the end goal in mind. But it's important to not stir away from your current goals and work your absolute face off to accomplish everything you started successfully. 

Put in the time, systematize as much as you can, and crush it on both sides. Real estate is a marathon not a race.  

Good luck! :)

Hey there BP family,

I hope all is well.

I will be moving to Charlotte, North Carolina within the next month and am looking to buy a SFH or small MFH (Duplex, Triplex) using FHA, 3.5% down. I plan on living in one unit and renting the other one's out (House Hack). Ideally, I would like to cover my mortgage and live for free. Please feel free to provide your greatest insights where you see fit below: 

1) Any recommendations on the best neighborhoods to house hack in terms of vacancy, tenant quality, returns, and/or safety?

2) Who are some realtors you recommend that I work with in Charlotte as a first time home buyer? 

3) Which property type (SFH or small Multis) in Charlotte would give me the best chance to fully cover my mortgage payments and at the very minimum, cash flow?

Thanks in advance!

@Jared Lafer Well explained. Happy to know it worked out great for you.

Thank you for that!

@Jared Lafer In the words of Dave Ramsey, "I am better than I deserve" lol. Can you explain to me what caused the increase in cap rate from where you bought it to where it is now (Increased rent? appreciation?)? I'm not knowledgeable about multi family investing.

Thanks!