All Forum Posts by: Michael LaRocca

Hi all,

Im looking for recommendations for Turnkey companies in the Indy, Milwaukee, Ohio or north Carolina markets. Also anyone have a suggestion for which market to invest in? Im going to be starting dental school soon so i want a pretty hands off experience.

Thank You

Hi all,

Im looking to purchase a multifamily investment property in Indiana/ Indianapolis area. Does anyone know of any good Turnkey providers and property managers that could help me get started? Looking for gross revenue from about $1000/ month.

Thank You

@Kerry Noble Jr more turnkey possibly light rehab but I’m actually starting dental school in Illinois in August. I chose these particular areas because the housing is cheap enough that I can buy a duplex or triplex relatively cheap and they’re close enough to where I feel like I can travel once a month to check in on the property. Most of my time is going to be spent on school work so I definitely need something with a few less headaches

Hi Everyone,

Im22 years old looking to purchase my first multi-family property. I'm looking to buy in Milwaukee or Indianapolis. Does anyone have any advice? specific areas I should stay away from? also if anyone is an agent in one of those areas I would like to speak further and learn more about the rental laws. Any other general advice would also be much appreciated!

Thanks!

Does anyone have any experience or recommendations for investing in the Long Island/ New Jersey area? I have lived here my whole life and want to get an investment property under my belt close to home. Trying to find a good rental property is tough im torn if the better approach would be single family rentals in nicer areas with better school districts, or to save more and look closer towards the city. Or to look for multi family properties in cheaper areas like Mastic Beach and Shirley. I mean they're are beach from properties and it seems people are moving further and further out east so I am curious if these areas could become desirable one day. And lastly if the better approach would be to invest somewhere in Jersey instead. If  anyone has experience in any of these areas the advice would be really appreciated!

Thank You!

How does everyone feel in terms of crowd funded real estate sites such as fundrise that promise 10% returns on your money? Does anyone have any experience? I understand it simply cant make the money owning a property on your won or with one partner. But as a 22 year old going on to grad school in the fall it might be a good way to enter the real estate market without a lot of the responsibilities, this way I could sit on the side lines a bit and when i'm done with school cash out my investment and put a down payment on my own multifamily property and start house hacking.

Thank you for getting back to me! I currently live in Smithtown on long Island but I actually just graduated from the University at Albany this past spring so I am very familiar with the capital region. As of now I am going to be attending school in a small suburb about 30 miles outside of Chicago called Downers Grove, IL. When starting out in my position do you think it would be better to start in a higher or lower income area? I am weary about the potential market crash ive been hearing people talk about and typically higher income areas are the first property values to fall. Is this an issue when using a house hacking model? 

Thank You

Michael LaRocca

Hi All,

My name is Mike, I'm from New York i'm 22 years old and I'm attending Dental School in the fall. Before I venture off onto the next steo in my academic career I want to start my real estate investing career by purchasing a commercial or residential (maybe house hack close to school) and i was hoping some of you could offer some advice as to how/ where to get started. I have some money to put down for a down payment as well as a partner willing to split it with me. I was thinking of utilizing the FHA loans or the 203K loan if the property can use some work. Any advice would be appreciated.

Thanks Everyone!