All Forum Posts by: Elio Campiolo Jr

Ahh I missed the July meeting... I've been looking for something like this for a while now. I've been attending conferences nationwide for about 2 years, it's great to finally have something local.

I'm registered and I'll be there.

What a good idea! At these conferences I sometimes see people from BP and go "I feel like I know you from somewhere" lol; no need to do that anymore.

I am in the middle of a deal with them, and so far it's been a positive experience. We're scheduled to close next week, so I can update you then.

@Anthony Giunta Jr. I was at the Expo as well, but I also don't think we met there. It's good to see someone else from CT entering the business.

I live in Fairfield County as well, and in my opinion the goal here is to find a house hacking situation where the portion of the mortgage (PITI) that you have to pay yourself ends up being less than what you would pay if you were renting.

There's a meetup in Fairfield once a month, if I'm not mistaken, organized by @Jonathan Makovsky. I haven't had a chance to attend yet, but plan on doing it in the upcoming months.

I would definitely go to the 2018 live event. Learning remotely is great, but there's nothing like being in a room full of like-minded individuals, specially ones with tons of experience. The networking opportunities at these events are priceless.

 I like using Excel and I use the "Net Present Value" function to solve these types of "problems". You can also use a financial calculator, as Tracy mentioned above, that's probably a quicker method.

@Noel R. I'm not sure where you're getting 6% from, but 240 months of a $880.89 payment at a $65,000 purchase price will give you approximately a 15.5% return.

Invest in Debt by Jimmy Napier is a classic. Another worthy mentions are Turning Distress into Success by Fuquan Bilal and Performance Anxiety by Gordon Moss (this one heavily focuses on 2nds).