All Forum Posts by: Charlie Palmeri

Just starting out and planning on house flipping using hard money. They require an LLC to lend. Any recommendations for a good NYC / Long Island NY attorney to assist with creating an LLC properly?

I am a looking to purchase my first investment property, and I am giving serious consideration to turn key rentals in Birmingham Alabama. Being from NY, I have little to no knowledge of the areas in Birmingham. I am just scratching the surface of my research of the area, and wanted to get a feel for what any of you who have experience in this market think. Any areas to stay away from, etc??  The company I am thinking of working with is Birmingham Income Properties. Anyone have any experience working with them?

Any input is appreciated!!

@Jay Hinrichs Thank you! I would love to take a look at your beginners guide! I will send you a message....

@Ali Boone your assistant has passed along some information to me regarding who you use. I would love any further information you can send my way as I am educating myself. Thanks!!!

Complete novice here that has decided to get into turnkey rental properties. I need to research the best areas to invest but I am unsure where to start. I am willing to invest long distance since I am priced out of the market I live (NY) for sure. Any help, tips, pointers are appreciated!

Good Morning all! My name is Charlie. I am from Long Island, New York. I work a full time job in Manhattan, I am married, with 2 kids, and I own a home. I have been sick and tired of the rat race, and have had enough. I figured I have no right to complain if I am not going to try and do something about it.  I am completely new to the real estate game, but the cash flow theory has lured me in. A co worker of mine put me on to BP, and explained how he learned alot here, and now has 2 properties under his belt.  I have been doing some research, and listening to podcasts the last few weeks. I have picked a nitch, that being buy and hold, and I am looking forward to getting started. I just don't think investing in the NY market is going to be doable for me, and I am thinking of looking in the areas surrounding NY (Jersey, PA, etc).

Any tips, advice, or lessons are appreciated!