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All Forum Posts by: Anthony Dimino

Anthony Dimino has started 3 posts and replied 5 times.

Post: 150k Cash.. How would you invest it?

Anthony DiminoPosted
  • Rental Property Investor
  • Rancho Santa Margarita, CA
  • Posts 5
  • Votes 2

Hi all. I have a question and would love to get some outside opinions.

If you had 150k sitting in your account how would you invest this cash? Looking forward to hearing some of all your opinions. Thanks!

Post: How should I finance my first deal?

Anthony DiminoPosted
  • Rental Property Investor
  • Rancho Santa Margarita, CA
  • Posts 5
  • Votes 2

Hey all! I need a little advice on how to find my first deal. I’ve been hesiitsnt to make a deal until I got a good enough cushion in the bank and I think I’m finally there.

goal: cash flow 20k/month in 10 years time

Midwest is where I’m primarily looking right now. Single family houses under 120k

I currently have a primary home with about 100k in equity and I also have about 100k liquid cash.

I am torn between using my own cash to put down 20% or doing either a cash out refi or HELOC.

I’d just like to get some opinions from experienced investors on which is the smarter play. Thanks in advance!

Post: Are turnkey properties good investments? (First time investor)

Anthony DiminoPosted
  • Rental Property Investor
  • Rancho Santa Margarita, CA
  • Posts 5
  • Votes 2

@Joseph Crunkilton That’s awesome I’ll check them out. Do you mind breaking down the deal you got? How many properties do you currently have with them?

Post: Are turnkey properties good investments? (First time investor)

Anthony DiminoPosted
  • Rental Property Investor
  • Rancho Santa Margarita, CA
  • Posts 5
  • Votes 2

@Jody Sperling thank you so much I’m going to research those two methods and get back to you. I appreciate the answer sir!

Post: Are turnkey properties good investments? (First time investor)

Anthony DiminoPosted
  • Rental Property Investor
  • Rancho Santa Margarita, CA
  • Posts 5
  • Votes 2

My name is Anthony and I live in Southern California. My goal is to have enough passive income to replace me and my wife’s income and then some. We love to travel and have 3 kids and would love take them around they world.

I am a first time real estate investor and am eager to acquire my first deal but at the same time I’m being very cautious and taking this step by step. I currently have a decent amount in savings and would like to start out of state. I’m setting the budget for our first buy and hold property at under 150k. My first thought was a brrrr but after some thought I switched to maybe doing a turn key ready property form one of those turnkey companies. I thought this would be a good way to get my feet wet into the real estate game.

Does anyone have any recommendations on turnkey properties preferably in the Midwest (if not that’s fine as well)?

Any information would be great, whether good or bad. Also is now a good time to jump into a turnkey investment?