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All Forum Posts by: Joe Mastracchio

Joe Mastracchio has started 1 posts and replied 6 times.

Post: First time home flipper! Looking for some guidance

Joe Mastracchio
Posted
  • Posts 7
  • Votes 0

@Cody Harris yes that would be awesome. Would love to connect. PM on Instagram. JoeMas23

Post: First time home flipper! Looking for some guidance

Joe Mastracchio
Posted
  • Posts 7
  • Votes 0

@Cody Harris hi Cody! Nice to see people from Jup. I’m looking to be an agent for both. I’ve always loved real estate and have a lot of relationships with brokers. I’ve always done landscape contracting but I have recently started to manage small house projects for people who don’t want to be bothered with it. Flipping and investing is something I’ve always wanted to do. Being an agent will obviously be a huge plus. Not only flipping but building clientele and being an agent for just normal people who are looking to buy or sell. Your locally here in Jupiter?

Post: First time home flipper! Looking for some guidance

Joe Mastracchio
Posted
  • Posts 7
  • Votes 0

@Greg Dickerson then you Greg. I’d like to think I’m already ahead of the average person due to my real estate knowledge and soon to be license as well as my construction and landscape background. So how would it work, you find the property/deal first then go to a local bank and they will look at the deal and offerer their best loan terms? Do you do wholesaling or how do you find your deals?

Post: First time home flipper! Looking for some guidance

Joe Mastracchio
Posted
  • Posts 7
  • Votes 0

@Brian Garrett Thank you Brian. I appreciate your thoughts and it’s nice to see someone else’s on here from Jupiter. Have you done flips here before and how has your experience gone? Like I said I’m new to the flipping but obviously not Jupiter and the art of construction. Having my real estate license will help too once everything opens and I can take the exam. Would love to chat more and connect. Thanks

Post: First time home flipper! Looking for some guidance

Joe Mastracchio
Posted
  • Posts 7
  • Votes 0

@Nicholas Smith THANK YOU!!!

Post: First time home flipper! Looking for some guidance

Joe Mastracchio
Posted
  • Posts 7
  • Votes 0

Hello everyone! My name is Joe. I live in beautiful/high end Jupiter, FL. I have been a landscape/hardscape designer/contractor for the past 6 years (only 29 y.o.). I am currently transitioning into real estate with getting my FL Real Estate license when things open back up. I have a pretty good amount of construction experience as I was in charge of running a 2000sq addition on our house bc the GC we hired never showed (whole nother story there lol). I have a team of subs I can use that we got friendly with.

I have always loved house flipping and real estate and am ready to make the plunge into that world. If anyone knows anything about the Palm Beach market, it’s very expensive but there are some deals out there to be had.

From anyone's experience, what is the best way to go about finding the money to finance the project and finding the right deal. I have used MLS and ran comps on certain houses but my big question is the financing. How much do you need to put down if any and what goes into that. Does anyone pull owner builder permits and need to get plans? Palm Beach is super strict to where if you change an outlet your technically supposed to pull a permit. I can do everything on the outside myself which is good, purchase my own material and I have a great tile, drywall, cabinet guy pretty much everything I need.

Would love to hear thoughts, stories and ideas from anyone! Thank you all BP people!

Joe