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All Forum Posts by: Michael Damazo

Michael Damazo has started 3 posts and replied 29 times.

Post: New California REI

Michael DamazoPosted
  • Homeowner
  • Lemoore, CA
  • Posts 30
  • Votes 6

Welcome check out the Ultimate Beginners Guide. The podcasts is a great listen. Lastly utilizing all that they offer here on BP.

Post: Strategy while Active Duty Military

Michael DamazoPosted
  • Homeowner
  • Lemoore, CA
  • Posts 30
  • Votes 6

In my opinion I would not invest out of state for my first property. First purchase your own home of where you are stationed at, but treat it as a business. You can use your extra cash to renovate and add value. What will your niche be? Buy and Hold, Wholesale, Flip? Define that as you are in your new home. Are you thinking of using the VA loan? If you do, in two years time you have are able to rent out your first property. Have a specific goal in mind with the parameters of your numbers and an exit strategy

Post: Just passed the CA RE Exam

Michael DamazoPosted
  • Homeowner
  • Lemoore, CA
  • Posts 30
  • Votes 6

congratulations hooyah

in my opinion it would be best to run your numbers and what your parameters are. (i.e. E-5 over 6 years) based on my experience as an active duty service member I would be more detailed in the contract for service members. buying property in more rural areas is a great start. with new jersey I do want to invest there, because that is my home of residence. I lived in Columbus and am familiar with McGuire AFB best of luck on your future real estate.

Post: Intro

Michael DamazoPosted
  • Homeowner
  • Lemoore, CA
  • Posts 30
  • Votes 6

welcome to the site, as everyone has mentioned before me there are a ton of useful information on the site. I suggest checking out the podcasts from the very beginning. welcome again

Post: podcasts

Michael DamazoPosted
  • Homeowner
  • Lemoore, CA
  • Posts 30
  • Votes 6

I'm currently in episode 21. I'll be out to sea for quite awhile so I'm loading both my phone and tablet with several past episodes.

Post: Do You or Does Someone You Love Serve in the US Military??

Michael DamazoPosted
  • Homeowner
  • Lemoore, CA
  • Posts 30
  • Votes 6

THANK YOU THANK YOU THANK YOU.

I can't explain how much gratitude I have for BP. I have not read the article yet, just what everyone has replied. I'm honored to be in the service still and humbled by the generous knowledge from BP.

Post: California Rookie

Michael DamazoPosted
  • Homeowner
  • Lemoore, CA
  • Posts 30
  • Votes 6

Welcome Justin, glad to see someone from the Central Valley I'm over in Fresno, Hanford, Visalia area. The podcasts are amazing, I'm only on episode 13, it makes the commute awesome learning from the wealth of information.

Post: Meetup in LA for those interested in Out-of-State Investing

Michael DamazoPosted
  • Homeowner
  • Lemoore, CA
  • Posts 30
  • Votes 6

Please let me know if there will be another one Ali. Thank you.