Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: David Ribardo

David Ribardo has started 3 posts and replied 182 times.

Post: Wholesaling- Someone willing to help?

David RibardoPosted
  • Real Estate Agent
  • Allentown, PA
  • Posts 192
  • Votes 177

Rigo,

I'd be happy to help introduce you to some people that mentor new investors and wholesalers. Send me a message and we'll talk!

Post: Allentown deal analysis help!

David RibardoPosted
  • Real Estate Agent
  • Allentown, PA
  • Posts 192
  • Votes 177

Don't forget the electric, water, sewer, gas bills you will be paying during the rehab process. (Oil too, depending on the furnace).

Looks like you got a good start on this one. Do you have a good contractor lined up, or are you looking to do the work yourself? The biggest challenge I faced when I got started was finding a good GC & handyman, which threw off all my projections. In the long run I figured it out, but until then it cost a lot of sweat equity (and all my free time) while I was scraping off wallpaper and replacing toilets. 

Post: New to the Lehigh Valley!

David RibardoPosted
  • Real Estate Agent
  • Allentown, PA
  • Posts 192
  • Votes 177

Thanks @Stephen Kunen, I appreciate the welcome! My current specialty is small multi-family properties (currently all my properties are 2-8 units), and I would love to keep that going up in PA. I'll shoot you a message, look forward to talking with you more!

Post: New to the Lehigh Valley!

David RibardoPosted
  • Real Estate Agent
  • Allentown, PA
  • Posts 192
  • Votes 177

@Dave Lin, thanks for the advice! I'll check those facebook groups out.

Post: New to the Lehigh Valley!

David RibardoPosted
  • Real Estate Agent
  • Allentown, PA
  • Posts 192
  • Votes 177

Hello Allentown area! 

I'll be moving to the area shortly, and am having no luck finding a pet-friendly short term rental. Any chance someone wants to earn above-market rents in exchange for a three month lease? We are flexible on size and price, just looking for anything to bridge the gap while I get my PA license and close on our home. My fiance and I have two cats and three dogs... anything within 30 minutes of Bethlehem will work.

I look forward to getting involved in the local community. I'm looking for flip deals in the local area that I can put in some sweat equity towards. If you are a established investor interested in working together, feel free to send me a message!

Post: Experience with PA Pre-Licensing Education Courses

David RibardoPosted
  • Real Estate Agent
  • Allentown, PA
  • Posts 192
  • Votes 177

I recently completed the Kaplan online course. It was simple and allowed me to complete the coursework in my own time. It is a traditional online course format, where you click through slideshows and take a quiz at the end of each section. I passed my final exam after each of the fundamentals and practice sections on the first time with no additional study. If you are looking for an online version, I'd recommend it. If you search you can find a $50 discount code pretty easily. 

Post: I Am Fifteen, What Can I Do Now?

David RibardoPosted
  • Real Estate Agent
  • Allentown, PA
  • Posts 192
  • Votes 177

Adrian, good on you for making a plan for your future. I started investing when I was just coming out of high school and it definitely was one of the key things that set me up for success. If you are interested in the Air Force, I strongly recommend you keep that as an option. There are not many better deals than an ROTC contract. You will get a free four year college degree, a guaranteed job with benefits, and some pretty cool life experiences. Not to mention, the USAF is consistently rated one of the employers with the highest employee satisfaction. My military career gave me the capital I needed to start investing in real estate, as well as setting me way ahead of my peers in terms of income and responsibility.

If you are currently fifteen, it sounds like you are way ahead of the game. You should definitely focus on finding your first job, and doing the best you can when you get it. Every employer you meet will be a reference for your next position, so do the best you can to maintain a positive relationship with your bosses. Save your money, and once you have a minimal amount saved up, start investing. The compound rate of return over time will be what makes you rich. These forums and the BP podcasts have a great deal of knowledge. Good luck.

Post: Suggestions for Property Management (Louisiana)

David RibardoPosted
  • Real Estate Agent
  • Allentown, PA
  • Posts 192
  • Votes 177

@Robert Leonard Makes perfect sense. I guess I need better data to be able to apply this technique to analyze my current location! The realtors I have been working with have been invaluable, but I do think a license is in my not-so-distant future. Thanks!

Post: Suggestions for Property Management (Louisiana)

David RibardoPosted
  • Real Estate Agent
  • Allentown, PA
  • Posts 192
  • Votes 177

@Robert Leonard I haven't seen that math before, thanks for sharing. Do you have any best resources for someone without MLS access to find the number of homes sold over the past year in a given area? I'm looking to analyze DeRidder, LA, but trulia and realtor.com are both saying "no results found" and zillow only lists 11 in the past year.

Post: New member from DeRidder, Louisiana

David RibardoPosted
  • Real Estate Agent
  • Allentown, PA
  • Posts 192
  • Votes 177

Thanks Jill!

@Jeff V., nice to meet you! I'll shoot you a message offline. I picked up a copy of two of J Scott's books the other day, so I guess it's about time to go read them. 

And seriously, no joke about the termites! My first deal fell through when we found termites all over it. Also, I walked out of the house covered in chiggers... *shudder*. That one took a week to forget about!