All Forum Posts by: Angel Ortiz

 So, you found an agent through Zillow. She liked you, and through her questioning she felt you would be of use to her and offered her contacts and etc. Now you're still at the point of where you have to find a motivated seller, and if you do, then you will bring that seller to your newly obtained connects to see how they go about that deal and you learn from them? And probably get hit off maybe half of that deal for finding it? I'm trying to follow along, I learn better through actual experience but this stuff is golden. Hey, I'm in Bridgeport CT btw. You should be my Mentor! And I'll share deals with you as I find them using whatever you teach me. 

     I don't know if its that simple, But let me know. Should grab a coffee or something. If not, then keep posting your updates anyway. You the man!

 Did you find these big shot real estate agents while knocking on their doors? I'm at the exact stage you are in. Trying to find motivated sellers, yet I have no idea what to say or how to put a property under contract. I'm really happy you've made this thread because I relate with it greatly, except the income. I'm more of that $800 a month kinda guy, even though I'm having trouble making that. Your post's are motivating and I'm following along trying to do what you do (for the wholesaling part that is). I wish you great success, and you must be doing something right to be meeting with these agents. Tomorrow, I'ma knock on doors until I have what you have or better. Any particular properties you went up to? Or all that aren't too much work? 

 Hey, to answer your question, it seems I would have to search for an apartment elsewhere with one bedroom and make it work until I'm making better money. Now thats just the idea in a nutshell. The way I thought about it, is to not play it safe the way I always have and to take a chance here. If I stay in this apartment, find a job, put my son into a daycare, and save little by little, it would take a long time before I get any money to actually invest in myself. The plan is to find an apartment as inexpensive as possible, put son in daycare, get a job, pay for the apartment with the money from newly obtained job and combined money from partner, and use the extra money from the 10k to invest in my real estate license, drivers license, inexpensive car(opens up more opportunity for work), and save the rest. I would love to invest in books and seminars as well. 

I want to be a full time wholesaler, but until I've learned enough about that, I plan to do what I have to do for now until I'm taking action and applying myself. If you have any advice, please let me know. I don't plan on using the 10k for the new apartment, only first month and security. 

I appreciate the responses very much. Seems like the plan would be to get a job, put my son through daycare, get licensed, learn more about real estate and financial education in general, and than build my way up. Sounds good, I'm not too familiar with any programs that help with paying for daycare so instead of spending a ton of money every week on daycare or a sitter, I take care of my son. I'll look at my options than. 

You guys are amazing, thanks

Hey, I wrote all this out on my phone, so please forgive my typos. Spellcheck is a killer sometimes.

Hello all, thanks for stopping by, today I have an important question. Hopefully I'm posting this in the right section but if not then please go easy on me.

First I would like to explain my scenario.

Ive been living in a rent stabilized apartment my whole life. It was my father's unit at the beginning of this year I've took over the apartment as the successor after my family moved away. I'm posting about $600 for rent for a two bedroom here in the Bronx, NY, and I'm a 24 hour stay home dad. My babies mother works full time as an assistant manager at a retail spot and we are a low income family barely making any money to save. We fell behind on rent and the landlord wants to evict us. I met with the landlords representative, and they offered me a deal. The landlord decided to buy me out of the apartment and not owe any of the back rent. So.. I've been working really hard at learning wholesaling and I've decided to master it but money us still an issue... Needless to say, I've accepted the landlords offer realizing that I need to take this risk of accepting the buyout and using this money to invest in myself. I plan to get my real estate license and drivers license and a small used car. 

Now, the thing is... Guys I really need help. I have to use this money to turn my life around and invest in myself and something. My son needs his daddy to make sure everythings going to be okay. And this is me seeking advice on what I should do with the money. With my knowledge of money today, it's only a matter of time before it's all gone. I need the minds of you amazing people to help me think to get to a better place. 

My question is, what should I do with the 10k? Thank you guys.

So the website suggests that I introduce myself to the community, so this is me introducing myself to the community. 

I'd like to start off by saying that I hope everyone passing by has a great day and that I wish you all best of luck on your journey through the life of real estate. What has brought me here is the need for financial freedom. You see.. I'm 24, and im back with living with my parents so that I can get on my feet again (Love you Mom + Dad). I have a baby boy who turned 1 in August, and im going through the hardest times of my life right now. 

I'm determined to turn my life around and do everything I can to make sure my son has an amazing future. I grew up with limited resources that I did not take advantage of, not knowing any better because of being a child. And the culture I grew up to being raised in the Bronx, NY has made me strong but lost as to who it is that I am as a person. I found who I am, and I love the man that I am today, but unfortunately things did not work out between my babies mother and myself. Things also did not workout for me and my prior job. I left my apartment for my son and my babies momma because I still want to make sure she has a place to live. 

So, onto today. I'm living with my parents fighting depression because I'm stuck in between deciding if I should work two jobs, or go to work and school in hopes to work towards a career I doubt I would have an interest in. I love to learn but feel that school is not for me. 

If anyone has read this, and feels they have wisdom they can share with me, then you have no idea how much I would treasure it. Guys, I know little to nothing about real estate truthfully. I went to a 3 day seminar about real estate and the coach said the best way for me to get started is to do "Wholesale". I've seen a bunch of videos on it, and I understand it just a bit but not confident in it at all. I truly wish I had a mentor,someone I can talk to regularly, or hold my hand through the beginning of my journey. I know I can't ask for the world to be perfect and just give me what I ask, but my life is my 24 hour reality and im doing everything I can to change it. 

I used to be very prideful, but I will do anything for my son, and I admit that I need help. Is there anyone who can help me out? Id be willing to do "Anything". I'm really serious. 

I want to thank you guys for reading if you have made it this far, and I understand that life is not easy for anyone. So I wish you all the best. Thank you,         -Angel