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All Forum Posts by: Jerry Jaco

Jerry Jaco has started 1 posts and replied 5 times.

Post: I hate tenant friendly states!

Jerry JacoPosted
  • Huntington, NY
  • Posts 5
  • Votes 1

Sorry to hear! I did this twice, in NY. I know, its wasting some money, although you mentioned you can't trust him, with your family. (safety issues?) Its then would appear to be a lesser of two evils. (travel expenditures, security, etc...)

Ok, here it is, I placed all contents in "Storage" at a reputable establishment. They handled with my permission and proper ID, to let the renter move their things and couldn't use this against me at court, because I mailed a certified letter, explaining my actions.

I hope this idea helps. ( I explained that, I did not sell or steal contents and provided photos/video)

Good Luck.

Jerry 

Post: Want help with Comps (MLS & Tax) in Phoenix, AZ?

Jerry JacoPosted
  • Huntington, NY
  • Posts 5
  • Votes 1

Hello, I saw your topic come up as "mentor" on my email. I must of missed the transmission of responses from others. I am contacting to find out what your requesting? 

I see that your in AZ and my interests peaked. I am focusing on moving to your region soon and needing help look for wholesale deals. I'm from Long Island, NY. I am not sure if you are able to assist. I know the area somewhat but need eyes for good deals. Are you looking for the same objective or are you becoming a wholesaler? If no, thank you, regardless.

Jerry

Post: Why do investors choose to mentor newbies?

Jerry JacoPosted
  • Huntington, NY
  • Posts 5
  • Votes 1
Hi all, anyone want to mentor a Vet? I'm somewhat new and need to play catch up in life and support my family a whole lot better! Thanks again.

Post: Lifestlyes Unlimited Good Or Con?

Jerry JacoPosted
  • Huntington, NY
  • Posts 5
  • Votes 1

Thank you All, gentleman for your input. I did try the search for this exact topic, but seemed to be out of luck. 

As for the other two inputs, thank you, again. I am looking for properties outside of NY, since NY real estateTaxes & business Taxes- are the second highest and rental income is limited. Plus, I believe in buying low and making a common sensed monthly profit. In my area, One of the ways is to buy at minimum $300K as flip for 50 to 75% flip profits. As for renting, again the home has to be cheap! The second is to buy HighEnd homes and flip or rent, you need a balloon loan for that and a hefty down pymt. 

With respect to LifeStyles, I'll need to investigate further... I will not buy the $6000 package, since there is No promises/guarantees for ROI. If they held your hands regardless of where someone resides, then I can see a possible added investment in ones education and not having to recreate the costly mistakes...

I can be reached at [email protected] for further help, if any has the time. You never know. 

Jerry 

Post: Lifestlyes Unlimited Good Or Con?

Jerry JacoPosted
  • Huntington, NY
  • Posts 5
  • Votes 1

Hello All. I was basically, looking for a trustworthy/reputable School and or online classes to learn from. I have been listening too "LifeStyles Unlimited" 1490-New York and the radio personality makes good business sense, in most cases with real estate. Has anyone attended the $700 class(s) or online and did the program actually help buying a home/multifamily succeeded thru their program? Or is the info all smoke and mirrors to get you money? Or can I get started on my own, from knowing what already know, but need a helping start...

thanks Jerry