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All Forum Posts by: Mark Montagna, Jr.

Mark Montagna, Jr. has started 2 posts and replied 4 times.

Post: Direct Mailing Campaign

Mark Montagna, Jr.Posted
  • Real Estate Professional
  • Dayton, NJ
  • Posts 4
  • Votes 0

@Max Keller goals are to build a real estate company with a portfolio of multi-family and commercial properties under a mgmt company (preferably one I create), and to build developments and custom homes with a partnering contracting company.  Main goal is to achieve financial freedom and have options to do other things and escape the "rat race".  Not exactly positive on the numbers but I feel like $1000/month on mailers for the first year should be sufficient enough to get a deal or two and then reinvest that money back into more marketing campaigns... then once I have the money or ability to get financing would be to keep the best deals for myself to flip

Post: Direct Mailing Campaign

Mark Montagna, Jr.Posted
  • Real Estate Professional
  • Dayton, NJ
  • Posts 4
  • Votes 0

Hi All,

I am looking to begin sending out mailers... I am not sure if I should have created an LLC, a website and opened a PO Box to use as an operating address other than my home address ( I am a broke college grad still living at home with my parents). Since I am going to be sending out mailers, should I put the return address as my current home address OR open a PO Box under a business name? Not sure if I can be sued, etc. etc.

Thanks.

Post: Getting Started in Real Estate Investing

Mark Montagna, Jr.Posted
  • Real Estate Professional
  • Dayton, NJ
  • Posts 4
  • Votes 0

@Jim Goebel I am currently working for UPS trying to get into management.  I do have some money stacked up and have about a year experience as a real estate agent, but unfortunately, it wasn't paying my student loans so I took an alternate route with UPS.  I have contacted a local mortgage broker to find out about partnering on a loan but I am not sure we would even qualify with our debt to income ratio and less than two years of experience of full time jobs, which is why @Odie Ayaga I figured starting a marketing campaign for wholesaling would be a great start.  I have read a few books from BiggerPockets and another one on wholesaling and investing in real estate, been listening to BiggerPockets podcasts and Flipping Houses for Rookies podcasts and reading elsewhere as much as possible.  I am just looking to get my feet wet and get started already, yet nervous/afraid to get some skin in the game and potentially falling flat on my face.  @Samuel Sam the answer ain't gonna just hit us, so we gotta keep searching and doing the reading.  But I am seeing the potential in your market in Trenton as well.  Especially in multi-family units and bigger apartment buildings.  Trenton will be on the rise again soon.  

Post: Getting Started in Real Estate Investing

Mark Montagna, Jr.Posted
  • Real Estate Professional
  • Dayton, NJ
  • Posts 4
  • Votes 0

Hi All.  I am looking to get started investing in real estate and not sure exactly where to start.  I am in South Brunswick, NJ (Middlesex County).  Wholesaling seems like a great place to start but I am not familiar with the "legality" of the wording that is necessary for a wholesale contract.  I can not qualify for a loan since I do not have two years of full-time work experience yet; therefore I can not buy a fix and flip or rental property.  Only other option would be a lease option agreement that I read out of Brandon Turner's book "Investing in Real Estate with No (and low) Money Down."  Any advice?  Also, if there are any investors in the area that are willing to meet and network I am all for it.  Looking to soak up as much knowledge as possible and constantly learn about the business.