All Forum Posts by: Eudith Vacio

Great story @Joseph Cameron! 

I am glad that you are getting started to help your family and the community. Your daughter will also learn a lot from you as her role model. BP is awesome and filled with so much information but Meetups were also a great way to find more like-minded people. Best of luck! 

Hi Paul, 

Glad to hear you are on your way to your first property! Network, network, network. There are ample meetups all over Chicago that provide so much learning. I started 3 years ago almost to the day and have met people that have provided me invaluable information! Best of luck! :)

Hi @Scott Solomon, Are you looking to rent?

@Dan Taylor I would HIGHLY recommend you check out the Kwak Brothers. They have meetups in Naperville, by far the best group I have ever attended. (download the meetup app). They also have a youtube channel on leveraging HELOCs to accelerate your mortgage payoff. Also, check out the events here on BP, there is one every Wednesday at PonyInn that is amazing.

Hi @Dan Taylor I was in your shoes 3 years ago almost to the day. Like you, I realized I wanted to get into real estate and did not know where to start. I had a read a couple of books, saved enough money and felt stuck. I'm an analyst so I tend to get stuck on over-analyzing until I saw a video that the best way to get clarity is to take action. So, I called up a few real estate agents, and started looking at neighborhoods. I started with areas I already new, and it took me about 6 months to get my 1st property. I bought a 2 bedroom condo, househacked it the 1st year, bought a 2nd the year after, and now on my third. One each year. If you have a condo as a primary residence, you may want to try tapping into a HELOC if money is your barrier to entry. Then, find your agent, start looking at properties, market research neighborhoods, run your cashflow analysis until you find your deal! Hope this was helpful :)

Welcome @Courtney Pierce!

Is there a reason you are looking for flippers?

Congratulations, @Trevor Jones!

The best thing to do is start taking ACTION! Start looking at properties in various neighborhoods to get a better understanding of the market. It took me about 6 months to figure out where I wanted to invest. Market research for rents, new developments, and actually check the neighborhood out yourself or know others who live in the area. Its the best way to learn. 

@Rene Smith make sure you have a PM knowledgeable with the area and section 8. I would almost recommend investing in a less risky area or your state given its your 1st time investing and you are not familiar with Chicago. 

Hi there, what type of  meetup are you trying to create? @Nicole Duran

Hi @PJ Kolnik. Hopefully these repairs last you awhile. You can also save on repairs through buying your own material. You could have most definitely bought a cheaper fridge, just be sure next time you take  measurements to ensure that what you get will fit. It's a bit more work to do the research on your own but you have to weigh the time v cost. Keep you capital reserves in a high-interest bearing savings account, too.