All Forum Posts by: Marco Padilla

Definitely check out the bigger pockets books and podcast. That will be the best way to get a lot of information fast. Also, from the books and podcast you will learn that they do recommend getting your RE license to help you find deals on the MLS.

Best!

What area are you in? I'm in the same predicament myself. Some of the things I'm taking into consideration are weather. My area gets a lot of hail and snow so replacing with vinyl will be the best long term option for me. You should also inspect the wood behind the siding. From the looks of it, your siding looks to be in good shape with no major cracks etc so the wood under may be in good shape. 

Have you also considered power washing? 

Hey guys,

I'm going to be doing some light remodeling an old house in the Dallas area. My problem is that I live in CA and I don't have the same contacts there as I do here. My cousin is a good handy man down there but he's also new to the area so he usually will go to home depot for materials. Problem is that laminate and stuff like that is way more expensive in the retail market. He already has put in laminate in the kitchen and the materials themselves cost double what they should have.

Do any of you have any recommendations for places for flooring, kitchen, bath, lighting?? I'm thinking about simply updating the master bath, putting in recessed lighting, updating the kitchen cabinets, paint and trim throughout. Thanks!

Hey Stephen,

Thanks for the response! That's a really good point that I didn't quite think of in that way. I'd be looking at a top 30 school and they typically range from 30-60K. Ideally, I'd like to stay here in LA so it would be pricey. Although, I think I'd qualify for some scholarships and grants so it could be cheaper. 

Did you find that your MBA is quiet helpful in your real estate investing? or maybe even just with getting your foot in the door with major RE companies?

Thanks everyone for the replies. Very insightful with good points. I'm not sure if my job will cover the tuition but I'll definitely be looking into the numbers and decide whether it may be better to invest that month into RE or education. Best regards to all.

Hey guys,

I'm new to the site and I'm currently trying to learn as much as I can with my ultimate goal of being a real estate investors and growing a portfolio. In the mean time I'm also saving as much as I can, although student loans are killer. I'm a couple years out of college and I've been working in a law firm which specializes in landlord tenant law. 

I'm thinking of maybe going to graduate school to get an MBA. Although I realize a lot of investors don't necessarily need a graduate degree, I'm wondering if anyone here has an MBA and did a RE program. What are your thoughts on it? Was it worth it for you? Part of my logic is to have a good paying job while investing my W2 money into real estate with the hopes of eventually becoming a full time investor. 

Thanks for your thoughts in advance!