All Forum Posts by: Jim Sestito

@Sidney Lauture sid the kid welcome!

Read, learn, network REPEAT to get started.... best of luck man. 

@Shawn L. welcome Shawn... use your talents to your advantage... sounds like you know your way around a tool box, very valuable knowledge to have!  Best of luck. 

Bump for the west coasters getting out of bed, or anyone else who wants to post :-)

Hi BP,

Looking for opinion of the best online resource to collect money from your tenants.  I've narrowed it down to;

1. Dwolla

2. Venmo

3. Paypal

Any insight/ experience appreciated.  

@Roland BarbeitoGreat start man keep it up!  SCREEN THOSE TENANTS!!!!

@Matt Lefebvre I was asking the question - never hurts to ask and explore ALL possible options.  

- @Rich Hupper There is never just one or two options.  Keep grinding and researching you will find a way to acquire properties.  Read the BP book - Investing with Low and no money down.

@Account ClosedGreat Post topic... I don't think I utilize social media enough for my REI.

Every podcast/ expert investor on here will tell you to 'tell everyone you know what your doing' and I would say posting to social media is a great way to do that. 

Rich Hupper how much repair does the place need? Will it qualify for FHA loan? 3% down on a 150K = 4.5K --- if not I agree w the other posters. Partner or borrow the down payment money. If you are confident you can fix the place and add value you should have no problem paying back any lender. - if you give a little more information about the potential deal and yourself you may be able to find that partner/ lender right here on BP

@Patrick Wheeler

Start to think of what advantage you have as an investor.  The Boston market is very competitive.  Money/access to money... handyman skills - sales skills - negotiation skills - or even just time.   Find your strengths and then find a way to make them work for you.  

I work in the city and will be expanding my investing there as well soon.  Feel free to reach out.

- Jim

@Sandeep Singh  I currently invest in Attleboro and have a good pool of good contractors in the area.  Would be curious to hear about some of the potential project.  Send me a DM if you would like to chat more. 

- Jim