All Forum Posts by: Joseph Guzzardi Jr

@Matthew Russo Matt thank you for your service brother. Investor and agent in NJ. House hacking is definitely the way to get started. The good thing is you have options in terms of loans. Happy to assist in any way

@George Ghviniashvili Hey George, you start by getting educated for starters and meeting people at networking events. Subsequently start finding ways to make supplemental income so you can begin your journey. Even if you go with low down payment methods for your first property you will still need $$ and reserves to qualify.

Even the methods of "zero down" will require some money anyway so just get started on the above and you will begin to be ahead of many others.

@Yangyang Jin I also tend to take the application first approach because there are a lot of people who waste time, aren't serious or don't really have the $$ for the apartment. Having said that, maybe it's worthwhile to notify all interested parties of an open house/walkthrough for one weekend. Have an application station on site.

If exposure is an issue, you need to make sure your rental is listed on all popular sites and MLS ideally.

If all of these occur and still no solid applicants the issue is likely the price.

In the process of purchasing a mixed use building where the store front used to be a dry cleaners. What type of inspection/due diligence should I be performing on the property?

@Robin Simon do you fund rooming houses?

@Mario Martinez are you looking for buy and hold or fix and flip? You are the end buyer correct?

@Laura-Amira Talaat-Hamid Hey Laura, I currently invest in South NJ and also went to college in Philly. My suggestion would be to find small multi fam properties in South NJ. I am also biased however as I typically only invest in MFR and Rooming Houses

@Kyle Sosnowski Hey Kyle. I never personally experienced the house hack myself however I do only invest in the multifamily space. House hacking is the best way to get started in REI. My strong suggestion is to pick a market, NJ, Florida or wherever and learn everything you can about that market. Build your contact list in the respective market and take action.

Looking for recommendations for Commercial agent/broker in South NJ. I am acquiring a mixed use property and would like expertise on the commercial store front.

@Rino Illiano Welcome to BP. I'd be more than happy to assist you. Congrats on taking action!