All Forum Posts by: Clint Jusino

I'm doing everything I can to learn about real estate investing (mainly via reading), and there are concerns I have about my future in this field, that I want some more clarification on, and better yet creative solutions. The following worries/confusion I have are:

- I can't attend seminars/clubs. My mother says I'm not old enough (I'm 15) and we're too busy. Attending these events are REALLY important (I can find my first mentor, network, collect business cards, etc), but I'm held back by my situation. 

- What is the optimal way to fund my first deal? Do I work a job to save for a FHA loan? Do I learn wholesaling and try to make money off that? I did read Brandon Turner's book on buying properties with low-to-no money, which leads me to my next concern.

- I can't retain all the information from the books. Not understanding something when I want to think about it makes me anxious. 

- Is starting an official company/business the only way to obtain a net worth of $1 billion worth of assets? I want my involvement in managing my future properties to lessen, becoming more "passive". I ask this because business owners/CEOs have to work the hardest in the company. I may have not started investing but I want to aim big in this career (realistic or not), while also having me-time and getting to use my wealth to do things I want at some point.

I'm going to start as early as I can, so I can squeeze the most of out of real estate. I acknowlegde my questions are rudimentary and are probably obvious/ridiculous, as someone whose never worked before and I may not be asking the right questions. But all help is appreciated here as someone new, and if there is something I can do, please list that suggestion(s).

Thank you.

Building permit lists are public records that document permits issued by local government authorities for construction, renovation, or demolition projects. These lists include details like the type of permit, property address, project scope, and sometimes the owner or contractor's contact information.

How Real Estate Investors Can Use Building Permit Lists:

1. Identify Potential Sellers: Investors can track permits for major renovations or additions. Homeowners investing in large-scale projects might be preparing their properties for sale, making them potential leads for off-market deals.
2. Spot Investment Opportunities: Investors can use building permit data to locate properties undergoing significant upgrades, especially in up-and-coming neighborhoods. This could signal rising property values or gentrification, making it a prime area for investment.
3. Find Distressed Properties: Permits for repairs or code violations can signal properties needing significant work. These distressed properties may present opportunities for investors looking for value-add projects.
4. Evaluate Neighborhood Growth: By analyzing permit activity, investors can identify areas with high construction or renovation activity. High levels of permits may indicate neighborhood growth and increased demand, offering clues for future investments.
5. Connect with Contractors: Building permit lists often include contractor details. Investors can use this information to build a network of reliable contractors, helping them with future renovation or construction projects.

Building permit lists offer valuable insights for real estate investors looking to uncover hidden opportunities and gain a competitive edge.

Hi All,

I am in the very early stages of this journey and am trying to figure out what the best step to take needs to be when jumping in. My wife and I purchased our current home 5 yrs ago before we were married. I am not listed on the mortgage but am listed on the title of the home. Would this mean that purchasing an investment property in my name would be viewed as my first primary residence? Also, curious about what this would mean for future portfolio expansion (e.g. using her name or mine when seeking out financing).

Hello
I had never heard of CHA voucher in chicago and RTA forms. What are these? Do i need to be certified or do some official thing to take in a tenant like that? I wanted to avoid all that since that (i am assuming) will make things complicated for me not to mention the timely payment of rent.
i am in Chicago cook county and in loop.. Am I obliged to take in a person who offers to pay by CHA vouchers?

The tenant toured my place, said is employed (+i googled) , came across to me as very polished  and came to tour the unit with her mom. The young lady is moving out of living with her parents, so I assumed she could afford to pay via a paycheck but she sent a text saying she will forward RTA form and CHA voucher.  Should I consider taking in the tenant or pass?

Quote from @Don Taylor:

Have you ever considered using private money loans for your real estate deals?

 Private money lenders are sometimes a challenge to find. 

Are there any financing challenges that are holding you back from scaling your real estate portfolio?

Quote from @Twannisha Jackson:

i’ll take experience.

 Loved* that response

     Why you'll take experience?

The properties are out of state. So going to a meet up every week will not work. I have made a few when i was in town years ago. I did reach out to group manager and talked to him. But still thinking there is more i can do. Just not sure how. I will try the broker route. Thanks

Hello all,

I have asked my broker to help find a builder's risk policy in Dallas and I'm being told it's "impossible". While I'm also looking around, I figured I might as well ask the nice folks on BP.

If you have a broker you love or a policy you've used before, would you mind sharing that info? Or direct me where this may have been posted before? Thank you in advance...

Hi all-

Looking to purchase my first property and want to add some equity by rehabbing.  Goal is long term rental.  I'm struggling to find good tools/strategies/professionals to help ballpark the rehab costs so I can make a reasonable offer.  What are good strategies or online calculators to help make rehab estimates?  Thanks!