All Forum Posts by: Tony Cavalli

@Mike L. Thanks

@Mike L. you are very welcome

@Rodney Kuhl Whats that old saying... If I told you I'd have to kill ya? haha jkjk its in Wisconsin

I would start with education, I just completed my first deal and I studied for about 2 years.. kind of dabbled in wholesaling then found buy and hold was perfect for me to start out with. I bought my first property with every penny I saved for 10 years ($30,000) and even sold my wonderful BMW to cover my contingency budget. It was the best decision I ever made.. but without my education,friends/colleagues the outcome could have been much different.

ps Never trust a Guru.. they will never get you a deal... no matter what they can do for you... YOU are the only one that can get a deal.

@Mike L. your goal is similar to mine, I just posted my numbers for my first deal! check it out. Honestly I just jumped right in and did everything for my first time and learned as I went. It was a phenomenal process and I learned a TON. I did all this with the help of BP and the community here. Its quite amazing actually.

@Michael Seeker oppps haha here ya go

Here are my actual numbers for my first deal! to all newbies... Action got me to this post !

Hey, have you tried the bigger pockets rental property calculator? if not you should try it.

From what I can see there is not enough money per door per month for me to go after this deal unless I'm putting 5% or less of my own money into the deal.. I think your vacancy factor is far to low, I always do 8.33% no matter what. @Dave Savage had some great points on PM fee's

your new book