All Forum Posts by: Frank Molinaro

Welcome to BP! 

I am also new but very interested in real estate investing. I am extremely interested in the BRRRR method but also have interests in house hacking as well. I'm from Nutley and would love to connect/discuss about real estate investing with anyone who's willing to have a conversation!

Ive been interested in real estate investing for a while now, I’ve been reading and setting goals etc.  My initial focus was rental properties so Ive been immersing myself in consant articles, books and podcasts (we know which one).  As a recent college grad, who just started a job, I don’t exactly have the funds right now to go and buy a property.  So I’ve been looking at ways to get started with low money.  Enter Mr Brandon Turner, I was scrolling down the blog and saw his recent post about how to invest with little or no money.  Trying to wholesale was one of the points, and I said well thats cool except how am I gonna find someone thats selling a house and then try to make deal with them to get a little bit of money if I found them a buyer.

Then it hits me my neighbors across the street posted a sign out front of their house “for sale by owners”.  Their mother who just passed away would always talk to me and my parents when she sat on the front porch.  From that my parents and  I created a good relationship with the family.  My question is should I attempt to basically cold call them and try to strike up a deal where if I could find them a buyer maybe I could get a small percentage (hell I’ll take less then realtors average percentage).  Curious new to this type of investing so I don’t have much knowledge in it.

Thanks 

Thank you everyone! Your input doesn’t go unnoticed and really got me thinking even more than before

@Jennifer Rysdam this was always an idea of mine but more with a two family house live in one and rent the other out and move on from there rent both out live somewhere else etc.

Hello

So I was listening to the most recent podcast today (ep. 308 with Sterling White), and the guys were stressing to use the forums on bigger pockets to get help, advice and for people to know just know my story.  I was skeptical at first because I don't know a lot however I have the drive to learn and succeed so here it goes. 

 I am a recent college graduate who just entered the workforce, throughout college (studying construction management) I became super interested.....more like obsessed...with the real estate industry.  However, I had other things to focus on throughout my years in school but now that I am finally done and landed a job I can now focus my time on what I always refer to as "my master plan".  This "master plan" is basically starting and developing a portfolio of rental units.  I have an idea of how I would like to start, but I was looking for some advice before I jump right into it.  Whether it be some type of hacks, things to look out for, or even a personal story that somehow represents mine.  Anything helps 

Thank You

Frank 

Welcome Katie!!!!