All Forum Posts by: Marco Ragudo

 Marco go grab "Short Term Rental, Long Term Wealth by Avery Carl."  The numbers may change but the strategy is the same and works!
Keep on the BP forums and search for your questions- there's a good chance they have been answered on one of the threads...Network and keep moving forward- You've got this!

@Marco Ragudo you have lots of good advice from other folks. Which part of Chicago are you in? I would attend local meetups and also get to know other folks who are in the industry. 

Hey @Marco Ragudo - there are many meetups that you can attend in the city - I definitely would recommend attending a few meetups and picking up a book by BiggerPockets. I wouldn't focus on knowing everything because a lot of real estate is learned through experience and things are always changing but if you're around the right people, then you should be OK! Best of luck 😃

@Marco Ragudo "Rich dad poor dad" by Robert Kiyosaki is another good book. BP has a lot of good books as well. I'd advise pinpointing what you want to learn about and find videos on youtube, there are some great teachers out there

Welcome to the BP community Marco! This site is an incredible platform that has numerous resources so definitely take advantage of it all. I'd love to get you started with your first rental property.

Would love to connect.

I can send my tool to you. I developed through chatting with investors and tweaking it over the past year until it made sense and account for everything I needed to know to make an informed decision.

@Marco Ragudo The LLC comes later on. You can only get it from an FHA to an LLC once you refinance the property. and sure, i'll send you a message!

@Marco Ragudo My best advise to you is to start with the basics and figure out what strategy you want to go with first and stick with it (house hacking, hard money, partnership, etc). From there you can then figure out your financing options (FHA, 203K, Hard money, etc). Once those two things are accomplished then you can further target and narrow where you would like to purchase. I'm more of a youtube kind of guy and I often recommend others to do the same. Give you a more visual perspective and show real life people that are doing it. Good luck!

Hey,

Welcome! I got started by learning how to analysis a property and running number on my own. I developed an evaluation tool that helps me know if it was a great investment. Once I found one I found investors who would partner with me for no money in but equity for finding the deal and managing the property. I also swung for the fences and started a large development in my home town. I would love to help how ever I can message me and we can connect via email or text.