All Forum Posts by: Jason Piccirillo

You would not be able to just attach 2 foot pieces to the existing wall. but you could leave the top plates on the wall and then frame a 2 foot wall on top of the existing wall.

Looking to see what kind of different responses this gets. If you had 100k cash sitting in the bank, what would you do with the money?

Hi my name is Jason. I currently own and operate an electrical contracting company and a general contracting company. I have been in the electrical industry for 17 years, and I am second generation for the General contracting company. I spent my younger years building and selling spec homes with my father. After my father's passing, my mother became lost in a job she can't stand. She recently approached me about helping her get back into real estate. I decided to go all in with the idea, and started looking for long term investments. Our goal is to build a portfolio of income properties, and eventually get back into development. The rental world is new to me and I look forward to the advice and guidance of the seasoned investors on here. Wish us luck!

Im closing on my first deal in about 2 weeks. I purchased a HUD condo for 32,500. Should rent for about 1150-1200 a month. After rehab value should be right around 65k. The property needs minimal rehab. I'm paying cash for the property.

From what I have been reading, it seems my best route should be the brrr method. I want to jump into another property as soon as this one is rented. I have some additional capital to start a second project right away. 

Any advice on getting money out of the properties quickly? I want to keep things moving along, and not get stuck with my money tied up for too long.