All Forum Posts by: Kevin Giraldo

@Michael Baker thank you for the information. The thing is though don’t i have to legalize the property as a triplex before I do anything? The thing is my father separated the second unit into two without telling the state. I want to legalize all of that before I can meter each apartment.

@Matthew Baltzell the thing is i was looking at a statistic that orlando is really having more people migrating there. Also tourism has almost doubled in the past couple of years. Is there anything else i should look for?

Hello guys. So recently my father passed away and my mom, brother and me inherited the house that we were living in. The house we live in is in NYC to my surprise, it is still legally a duplex, although the house is actually a triplex. This was to my surprise when i started looking at the documents. Both the tenants that live in the house pay cash and my father paid for utilities in the house. I am trying to change this. I know he took cash from both of them, but i never knew he didnt have a lease written up with them. Like i said i want to change all of this. Does anyone know how I go about this?

My goal is to:

- Meter both tenants for utilities so they pay for their own

- legalize the house as a triplex.

Hello all, I am beginning my real estate journey by investing in Orlando. I currently live in NYC where the barrier to entry is too high for me at the moment. For anyone living in Orlando area, any tips on what i should expect insurance to be like? Also any areas to avoid? This is my first time investing in real estate so is it even worth it to make my first investment a long distance one?

I have been doing a lot of research on housing around NYC (which is where i currently live) and find that the cost to enter real estate investing is too high. I recently stumbled upon Nashville, Tennessee and the pricing looks about right (between 90-150k). I would love to be an out of state investor but I don’t know things such as closing costs and property taxes. Any advice on how to get started in Nashville?

I am 24 and I would love to enter the real estate world. I really do not know how to start. I am currently unemployed but will start to work soon in order to save up for a real estate investment. I would love to have real estate and use these properties to gain rental income. How do I start or what should be the ideal type of property I should buy starting off from scratch?