All Forum Posts by: Josue Molinari

@Murali Jesudoss that’s awesome! I’m a local I’m ocala and I’m seeing tons of action in the OPE (ocala park estates) area! Let us know how the rent goes!

@Ricardo Torres the NE side of ocala is a great area for both rentals and/or flips! Dm me so we can connect! I’m a local realtor and investor myself!

@Sean O'Dowd wow, yea it looks like for commercial it’s very cut dry. Thank you for sharing I’ll definitely be looking into that!

@Russell Brazil Awesome, I figured I needed at least a year of tax returns. I would be at a little over 2 years with my license at the time I would be applying so that's good to know. Thank you 

@Patrick

@Patrick J. thanks I have it set up that way. just wanted to make sure I was on the same page! 

Alright all my BiggerPockets fam, This ones a big one. Ive been a realtor for almost a year and a half now and will be parting ways with my w2 very soon. I’m wanting to know for investing purposes. Most lenders want to see w2 income and I’ve spoken to my CPA about it and have come to somewhat of a solution. But i would like some insight from realtors around the country and they’re take on it. 

I have a separate account for my RE business and an LLC as well to establish a history.

What’s next and how can i set myself up for success? 

@Erika Vargas love to hear that! Ocala is awesome and has a growing thriving economy!

I'm working with a couple investors from Miami on some STR near the ocala downtown area!

Would love to connect and see how the progress of your project is going!

@Chris Van Dorn hey Chris great buy! As for the rehab, make sure to match the comps. You don't want to over rehab the property expecting to get height ARV when the comps shows different. Match the comps and you should be fine.

@Murali Jesudoss nice! If you don’t mind me asking what part of ocala exactly? Thanks

@Brian Lieberman this is a great way to look at it. I can very much leave my w2 and be ok with bills and my certain lifestyle. I just like the idea of being bankable due to my w2. (I’ll be bankable with RE within the year) the only reason I’m with the w2 job is for investing purposes. Not for the income.

I’m just getting at a point that I’m having to leave frequently for showings and closing etc. and it’s more time consuming. If I were full time agent I feel I could increase my deals 10x over. Just don’t want to lose my bankable status so I can acquire more deals