All Forum Posts by: Francesco Pecora

Hey Mohammed, thanks for the reply! We definitely don't have a hard constraint on location. The only reason we were pointing for NJ is because of how we set up the LLCs right now, but as you know, it would be pretty easy to spin one up in NY if the right deals come along.

I see you have all your contact information listed. I'll reach out so that we can schedule a chat!

Hi everybody,

My name is Francesco. My father and I are currently looking for our first real estate project in the US. We have been working in the real estate space for a while, but all our experience is oversea (Italy 🇮🇹). We dealt with rentals, flips, commercial, small apartment complex developments (~10 apartments), sport facilities, and a few government contracts.

We are actually very open to different opportunities and investment approaches, but our plan was to start "smaller" with some cash deals in NJ (maybe somewhere in the area between Staten Island and Philadelphia, but staying in NJ), by flipping a few smaller properties and starting to generate some income. For example, we have been looking closely to the Beverly/Burlington NJ area, but we are definitely not constrained by location as long as we are within ~1hr from Staten Island. We still have to network and create a reliable team, so this would serve us as time to meet contractors/agents/other investors/etc...

We are planning to start investing ~$200k depending on the deal.

I'm writing this post to get some advice from somebody who might be more experienced in New York, and possibly to start creating some connections. Any thoughts, suggestions, or comments are appreciated!