All Forum Posts by: Jr Trotta

@Christopher Leo what’s going on man? I know your pain. I’m from Long Island NY. I had 150k saved up

And still do to start investing. Because of taxes I was forced to look passed NY/NJ. Take a look in Lehigh valley, PA. @Ronald Bowser has been a great help. Hoping to close my first deal tomorrow of 3 units with a 10.5% cap rate. Direct message me if you want to talk further.

@Noel Challenger great response. Always have to appreciate that in BP!

@Scott Morongell very interested in NC. I’m currently out of state investing in PA. Would you be willing to direct message me to chat? Thanks!

@Michael Locicero I was in the same boat. I started looking in Lehigh Valley, Pennsylvania. If you have any questions you can direct message me! I currently have 3 units in 1 month.

Good evening BP!

I would like to throw this out there and listen to the feedback! I am curious to see what you would do if you were in my position!

Currently I have 2 savings accounts. My first account is at the bank in a traditional savings account. I plan on using this money for real estate investing. I have $102,000 saved.

I also use a financial advisor to spread my other savings around the market. I have my money spread over 50-75 different stocks. Conservative earnings but I contribute $2500 towards that per month. I currently have $105,000 in that account.

I guess my question would be. Would you keep it split this way? Or would you use the stock investment money for real estate? Please let me know your thoughts! I am torn.

Thanks,

JR

thanks Mike - is there any way I could potentially contact your directly? I have so many questions and if you could help me answer some it would be greatly apprecieated!

@Jorie Aulston thanks for the insight. when you say build a team, what exactly does yours consist of? if you were in my position, before you purchased a rental property what would you have lined up??

@Kyle Keck thanks for the insight. Do you work with out of state investors?

Currently in New York. I have a nice chunk of change saved and looking to invest out of state. I’ve been looking in PA... is this a good start? I’ve looked in Allentown, center city, Easton and Bethlehem. Really like the multi family properties but would look towards single family homes as well for rental holds. please please help!

@Jorie Aulston

I am currently looking in PA.

Allentown, Bethlehem, Easton ... do you prefer any specific areas?