All Forum Posts by: Daniel Guillermo

Hey welcome to BP. Good to see a fellow Long Islander. I live in Melville. You've come to the right place. BP is a great way to learn and make connections.

@Michael Leffelholz I use property managers. As an out of state investor I buy turnkey which works best for me. I am from Melville.

Thanks for all the replies. I currently own a property in Dallas and I am purchasing a few properties in Indianapolis. Since I am looking to buy multiple properties I was trying to decide if I should continue to stick with Indy or look at other markets as well.

@Rolanda Eldridge that is a good point. It's easier to stay on top of local trends if you focus on one area.

@Curt Davis that makes sense. That is why I prefer a turnkey company. I like the all-in-one approach.

I have a question for the out of state investors. Do you think it is better to purchase multiple properties in one market or diversify markets by purchasing one or 2 in various markets? For example if someone is buying 6 properties should they buy all 6 in one market or 2 properties in 3 different markets ?

Yes, of course. I thought it would make sense to solicit feedback from people other then the ones he recommends as a reference. No one would ever name a reference that would say something bad about them.

Hi,

Just wondering if anyone has worked with Mike D'Arrigo of Pinnacle Investment Properties. I am buying 1 or 2 properties from him and figured I'd see if anyone has any feedback on Mike or his company. I know he is a regular on this forum, so I figured maybe someone can offer some feedback.

I'm not looking for opinions on Turkey companies or properties, I am more interested in hearing about Mike and his company.

Thanks

Originally posted by @Curt Davis:

Though its all personal preference but KC and Indy are not as good as Memphis. You just need to find the right deal with the right numbers. There are plenty of people here in Memphis selling that you should be able to find someone who has what you want.

Out of curiosity, what makes Memphis a better market? I don't own property in either of these markets but have analyzed properties in both Memphis and Indy and find that usually Indy has better cash flow. I'm curious, what am I missing.

@Mike D'Arrigo I was reviewing the properties on your site and noticed that many are in the $50K ballpark and show numbers for financed purchases. Do you have a lender that will make loans under $50K?

I use Wunderlist for my day to day tasks. I access it from my pc and my iphone. It works great and is very helpful.

I was bummed that I missed the last one. I will be sure to catch this one. Thanks for coordinating.

I enjoyed the article.. This is a great idea. I would only deal with turnkey companies because I don't have time for DIY investing. I look forward to your list of trusted providers.