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All Forum Posts by: Joe Iacobellis

Joe Iacobellis has started 3 posts and replied 3 times.

Post: RE Book Club

Joe IacobellisPosted
  • New to Real Estate
  • Reston, VA
  • Posts 3
  • Votes 2

I've been reading RE books on and off for the past couple of years but always lose steam. Was wondering if anybody is in the same boat and would like to be part of a group to hold one another accountable and hold bi-weekly check-ins for books? Could be something as simple as a text message like "How's your progress on X book going?" or something more if we're so inclined. Don't even have to be reading the same book but the next few on my list are "The Book on Investing In Real Estate with No (and Low) Money Down," "The Millionaire Real Estate Investor," and "Long-Distance Real Estate Investing." Open to suggestions as well. 

Post: Buy a property to live in now that won't cash flow in the future?

Joe IacobellisPosted
  • New to Real Estate
  • Reston, VA
  • Posts 3
  • Votes 2

Hello! I'm currently renting an apartment but looking to potentially purchase a condo to live in this upcoming August when my lease expires. I would likely be paying about 10-15% more for the mortgage, HOA fees, etc. than I currently am in rent. Some quick calculations also forecast that if in the future I want to rent the unit, it wouldn't generate positive cash flow. My question is if I should plan for my first property, which I intend to live in for a while, to cash flow if/when I move out? Thank you for any advice.

Post: Working as RE Analyst before investing myself

Joe IacobellisPosted
  • New to Real Estate
  • Reston, VA
  • Posts 3
  • Votes 2

Hello everybody, my first post on BiggerPockets. I'm graduating from Carnegie Mellon in May and looking to start my investing career. Would you recommend working for/as a RE analyst before starting to invest myself? My thought is that you learn all the ins-and-outs of investing while saving up the money you need to actually invest. If so, would you recommend boutique shops or larger corporations?