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All Forum Posts by: Elizabeth Roncevic

Elizabeth Roncevic has started 7 posts and replied 33 times.

Post: New Investor- Looking For Advice On My First Flip

Elizabeth RoncevicPosted
  • Parsippany, NJ
  • Posts 33
  • Votes 10

@Michael Plante yes- I have been preapproved.

Post: New Investor- Looking For Advice On My First Flip

Elizabeth RoncevicPosted
  • Parsippany, NJ
  • Posts 33
  • Votes 10

Hi there-

So- I've been thinking about dabbling in real estate for a very long time.  But I haven't made a move... I'm really wanting to go for it- I have some money to invest and with the housing market being the way it is, I feel I'm missing out on an opportunity.  

Over the summer when the housing market was also in a similar situation with low inventory, bidding wars, etc, I didn't pursue flipping because I felt like by the time I did it prices would go down and I'd lose money.  But now here we are a year later and the situation is still the same. 

Is now a good time and any recommendations?

Post: What's stopping you from buying your 1st investment property?

Elizabeth RoncevicPosted
  • Parsippany, NJ
  • Posts 33
  • Votes 10

@Salvatore Lentini screwing it up and losing the money

@Ken Nyczaj beautiful!

Post: Quit My Job and Plan to Wholesale

Elizabeth RoncevicPosted
  • Parsippany, NJ
  • Posts 33
  • Votes 10
@Melanie Hartmann the other part of all of this- it will either work out or not work out. But it won’t be a loss because you’ll learn and gain experience from it! Peace

Post: Quit My Job and Plan to Wholesale

Elizabeth RoncevicPosted
  • Parsippany, NJ
  • Posts 33
  • Votes 10
@Melanie Hartmann if you have a plan, if you were unhappy at your job and it was preventing you from doing real estate, OR if you simply just wanted to leave your job and try something new- I believe you can accomplish ANYTHING you set your mind to. I did something similar. i left a full time job a year ago to start a business. Everyone in my life was against it- but I knew it was the right decision for me. But ive also always been a little ballsy.... And u know what- those people still wake up at 6am to go to their jobs and I don’t. And it was the best decision I’ve ever made in my life. My business has been successful and I have a lot of freedom to focus om the ”bigger picture” such as investments and RE... The way you or i plan to spend our day- whetther it be to go to work or follow a bigger dream Is a very personal decision. But I’m rooting for u!

Post: Meeting investors - recommended groups

Elizabeth RoncevicPosted
  • Parsippany, NJ
  • Posts 33
  • Votes 10

It's funny @nedcarey I will actually be going to one this evening in Manhattan

Post: Meeting investors - recommended groups

Elizabeth RoncevicPosted
  • Parsippany, NJ
  • Posts 33
  • Votes 10

Thank you Alina!  Would love that

Post: Is it necessary to understand math to be successful in RE?

Elizabeth RoncevicPosted
  • Parsippany, NJ
  • Posts 33
  • Votes 10
@David K. That’s great. And it’s so true- when you really have the desire to learn something you will find ways to teach yourself- step by step. YouTube is great for that because there is so much information. I’ve learned so much on youtube. *question-I’ve heard that making your own excel spreadsheets isn’t a good idea. That may be the hook that got me to upgrade to a pro membership (haha) but it was stated that spreadsheets could be sloppy and you could make mistakes in them and lose a lot of money. I’m guessing you would disagree with this?

Post: Is it necessary to understand math to be successful in RE?

Elizabeth RoncevicPosted
  • Parsippany, NJ
  • Posts 33
  • Votes 10
@Jeffrey Almonte thank you Jeffrey!