All Forum Posts by: Roland Barbeito

Look no further than the Chase Ink Business Preferred

Chase offers the Chase Ink Business Preferred Card with 80,000 Ultimate Rewards Bonus Points after making $5,000 in purchases during the first 3 months from account opening. Thanks drdvls

Card Features:

• Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
• Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
• Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
• Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
• Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
• No foreign transaction fees
• Employee cards at no additional cost
• $95 Annual Fee

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You don't have a SAVING problem, you have an INCOME problem.

Adopt an abundance mentality, not a scarcity mentality.

There is an infinite amount of money on this planet...figure out a way to make more. More revenue will solve a majority of your problems.

Here's what I did.

-Sell all your stuff on eBay. It's amazing what you don't need. Live a less complicated life. 

-Find a "side hustle" that requires little work...again eBay, Amazon FBA, flip stuff found on craigslist, offer up or letgo. Get that going. Learn what sells and how to get it in abundance for cheap. Profit. Expand. Make more money and save the excess. There are thousands of dollars of stuff in your area probably. 

-Before I do anything with my properties, I ask myself " Will I make money from doing (insert activity)?" If I cannot make money, or it would not be worth my time doing said activity, I look to pay someone else less than what I believe my time is worth to focus on a money making activity.  For example, mowing the lawn. I have subbed this activity out to a high school student for $20. It's a win win for each of us. He makes $20 for easy work and I feel good about helping someone out. In that time it takes for him to mow the lawn, clean up etc., I can easily find several items to flip from Offerup, Letgo etc on eBay. Thereby, paying for his labor and also having money left over to spend elsewhere.

@Christopher Leslie

Nice job finding a deal. I am in construction with a degree in civil engineering. Best of luck to you

Thanks for the helpful tips all!

Hi all,

Here's the situation. I own a 6 family apartment building which is situated between a 2 family to the right of the house and a 3 family home to the left. The lots are small. I have just 75' of frontage. The problem I have is the driveway to access the parking area in the rear of the house is very narrow ~10feet wide.  It's a pain to plow and difficult for tenants to enter and exit. There is a 4' tall chain link fence  on the property line which separates my driveway with his. My neighbor (owner) wants to sell his owner occupied 3 family house and move into his own house. He is motivated to sell since he is getting married. He is asking 150k. The last time the house sold was back in 2010 for ~144k. 

3 family house in question has its issues(older home, older heating systems probably)  but I would like to own it as it would: 1. eliminate my driveway/snowplowing issues 2. add to rental portfolio 3 increase monthly income 4. Both properties are right next door to each other - easier to manage.

Has anyone had a situation like this? If so, what are some tactics I can use to convince the seller to lower his asking price and win him over? The house needs work and at 150k, the house is not worth buying.  I would like to be down around $100k to $120k.

Thanks in advance!

Right now, I'm interested in Westfield  because the college is here and is expanding rapidly. The future of Westfield looks very positive, I've seen plans for the future of downtown and the city is investing money so it can behave more like a Northampton or Amherst by bringing in more working professionals and businesses. 

Hello Everyone,

I just bought my first investment property by myself (no money from other investors) at 22 y/o. It is a three family house in a great section of the 413 area. I am currently looking for tenants to occupy the first and second floor while I live on the third (penthouse) : )

I used savings from my job and income through the stock market (options) to generate the necessary funds.

After the property is rented, I would like to save some more money and start searching for a 2nd property with the help from commercial lending or a conventional mortgage.