All Forum Posts by: Kewin Garabito

hey Bp community, 

I'm a full time student and worker with a little debt and a little cash. I've cut back DRASTICALLY on my spending so my only real expense monthly would be my car payment. Sometimes I want to put all my money towards my car so I can get rid of that payment giving me better chances when getting a loan from a bank for my first rental property but, other times I feel like I'm putting no money towards my real estate dreams. It's extremely stressful. Now my question to you all is this, do I pay all my debt first? Or should I not worry about my car loan and just focus on putting all my money towards a down payment and begin investing in real estate now? I'm LOSING SLEEP over this because I don't really know which I should give more importance to right now. 

 If you were, have been in a situation like mine I URGEEE for some type of feedback. PLEASE help me in making the right decision or guiding me in the right path.. Any advice would be appreciated.

Thanks in advance,

Kewin

   What questions should a beginner investor be asking when looking at rental properties to purchase? Any advice for a rookie?

thanks in advance,

Kewin

@Kevin Doyle

thanks Kevin, i was really looking for something to get me started in the real estate business. If Wilkes-Barre is as good as people are saying, I wouldn't mind driving down there and looking around. Any good neighborhoods you recommend?

Hey Josh, thank you for taking your time to even read my post and thank you for commenting as well. Now i haven't really looked into either place yet but i happen to live in ny so the erie, pa area might be just a little out of my range. As for wilkes-barre i certainly wouldn't mind the travel if cash flow is good. 

   I personally think that the best way to build real cash flow is through time so I'm looking for long term investments. Flipping houses really doesn't seem like my cup of tea. Things like single family homes or condos i believe would be a great way to start. Do you own a couple of these properties yourself? How did you get started if you don't mind me asking. If there is Anything else you can recommend feel free to let me know. Im always all ears with good or even bad feedback!

thanks in advance,

Kewin

hey everyone, i was wondering if anyone on here knew of any good places in places where the market seems reasonable for a young investor to at least get their feet wet in REI. I know that the population is growing in pa but i can't seem to understand why if there hasn't been any significant job growth. Any advice or comments are more than welcomed. Is Pennsylvania not a good state to start with? Is anywhere in the east coast a good place to start for a newbie investor? HELP!!

hey everyone, now I'm no experienced real estate investor so I can't seem to wrap my head around this. How in Gods green earth are New York investors surviving out there with taxes the way the way? I mean in some places you're dealing with school taxes alone of about eight to nine thousand a year. I can't seem to understand why people would even waste their time and money into a market like this. If someone wouldn't mind clarifying what exactly is going on? Or maybe even giving me advice into neighboring states that are more applicable to a newbie investor like myself in the tri-state area.

Hey everyone, my name is Kewin Garabito from Stony Point, Ny and I'm looking for some help in changing my life. I'm a 23 year old student/full time worker looking to get started on my financial future. After reading "Rich Dad, Poor Dad" I've come to realize that I'm done being an employee and want to start becoming an investor. I'm new to this forum so any tricks, tips or advice would be received with open ears and much appreciation. I don't know much about real estate investing but I do know you need money. I've got roughly $4000 in the bank since February (when I read my first book)and I've made it one of my goals to save every dime. I'm excited at the fact that I will be able to learn first hand from people that have been in the same or even worse position that I'm in. With your help I hope to one day have that financial freedom we all dream of having. thank you again. regards, Kewin