All Forum Posts by: Federico Portalupi

@Dean O'Young, I don't know why I got your comment so late, apologies for the late reponse. I use a realtor out of Austin so I don't have a good recommendation for you unfortunately. 

Sean, as a follow up, have you looked into properties in Denham springs or around that area that were affected by the storms ? Might be some good deals there

Hey man, I Wouldn't spend any more that 260k and that is if it's structurally in solid shape and no more than 20k or so getting it up to livable conditions. Also, don't allow the "need" for a first deal to cloud your judgement, be patient and move on unless you get a solid return. I look for a minimum of 12% after I've been extremely careful with the numbers, but a 8 unit property should be giving you a heck of a lot more than that in my opinion. Good luck... don't let excitement take away your savings and your future, leave emotion out of it as much as you can. Keep us updated.

well done Molly- if you have " no shows" let me know, I live in kyle and would love to come check them out. 

Hey Molly, I'm a new investor and I live in Kyle! I just closed on my first property ad well. Are you interested in meeting and talking shop? Maybe even partnering up one day? Hit me up... Federico,

Love that black splash! Great job

Send me a private message with your number and when it would be convenient to you and I will give you a shout. 

Killer job dude! I just got my first deal as well but I have not done DM. It's just been grinding the websites and visiting the properties and going in with smart offers. Let's find some time to connect and discuss our deals... let's see what we can learn from each other. Regards, Federico.

What's up Byron, are you interested in a partnership in Texas? I've been looking for a partner for a few weeks and have had to pass up on a few deals ( after doing all the work) because of lack of initials funds ( locked up on another deal) If you are interested in flips or buy and holds... I can send you what I got. I just had to put a lower offer than I wanted today which means I'm probably going to lose 27% return on a 2 week flip because of lower initial funds. Hit me up if you are interested and we can chat.

I can certainly make it. Looking forward to meeting everybody.