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All Forum Posts by: Daniel Lipinski

Daniel Lipinski has started 2 posts and replied 4 times.

Post: New Investor in Toledo, Ohio Area

Daniel LipinskiPosted
  • Toledo, OH
  • Posts 4
  • Votes 2

Thank you everyone for the warm welcome!

Post: Broker Choice for a New Investor

Daniel LipinskiPosted
  • Toledo, OH
  • Posts 4
  • Votes 2

James,

Thank you for your insights!  I will take your advise under consideration.

Post: Broker Choice for a New Investor

Daniel LipinskiPosted
  • Toledo, OH
  • Posts 4
  • Votes 2

Hello BP!

I am currently working through my licensing classes and need to choose a sponsoring broker before I am able to sit for the exam (Ohio).  I plan to focus exclusively on investing and have disclosed this in the broker interviews I have had so far.  Do any investors that also have their licence have any advise in regards to what to look for?  Full disclosure: I am new to real estate investing, i.e. 0 deals.

Options that I have been considering:

Smaller broker with 100% commissions and no monthly/transaction fees, just one annual fee

Mid size broker with commission splits, but have offered training directed at investing rather than sales

Larger brokers with splits and fees.  Have institutional training programs and listing/closing departments

I am leaning towards the 100% commission option, but don't know if I am missing some other important aspects.  Also, since I am new, some level of training is appealing, but not necessary.

Thanks in advance for your time and advise!

Post: New Investor in Toledo, Ohio Area

Daniel LipinskiPosted
  • Toledo, OH
  • Posts 4
  • Votes 2

Hello BiggerPockets!

I have never invested in real estate before, but am looking to jump headfirst into it.  I recently moved to the Toledo, Ohio area after getting married.  I had worked in corporate finance/accounting for the past 10 years, but decided to make a drastic career change and am going to focus exclusively on investing for the foreseeable future.  

My current plan is to build up some additional capital via flipping over the next several years.  The end game is to get into buy and holds, to generate enough passive income to "retire".  I would like to land my first deal by the end of 2017, hopefully partnering with an already successful investor in the area.  I have started taking licensing courses and expect to be licensed by December.

Thanks for reading and I am excited to get to know some more people!