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All Forum Posts by: Nick Giulioni

Nick Giulioni has started 14 posts and replied 1147 times.

Post: First Property Money Drainers

Nick Giulioni
Posted
  • Rental Property Investor
  • Carmel, IN
  • Posts 1,207
  • Votes 595

Honestly, with a condo, I don’t know what the biggest drainer would be.  I’d just be really cautious given the drop...

Post: First Property Money Drainers

Nick Giulioni
Posted
  • Rental Property Investor
  • Carmel, IN
  • Posts 1,207
  • Votes 595

Have you walked through it? 

Post: Virtual CPA? Local CPA? Just a better CPA?

Nick Giulioni
Posted
  • Rental Property Investor
  • Carmel, IN
  • Posts 1,207
  • Votes 595

@Jessica Keller Do you ever go to any meetups in SF? 

Post: Where to Invest your Capital & Saved Income as a RE New Comer

Nick Giulioni
Posted
  • Rental Property Investor
  • Carmel, IN
  • Posts 1,207
  • Votes 595

My opinion is that you should house hack for a bit. You will learn a ton about being a landlord, how transactions occur, and how hands on you want to be in the future. On top of that, you can reduce or eliminate your housing expense.  It's a great first step.


Very happy to see you are doing on the path!

Post: Oklahoma - Forming and LLC or not

Nick Giulioni
Posted
  • Rental Property Investor
  • Carmel, IN
  • Posts 1,207
  • Votes 595

How are you financing them? If traditionally financed, you should probably take possession in your name and then deed them to the LLC.

Do you have an aversion to creating an entity?

Post: Audible Sale (Set For Life + others) $5

Nick Giulioni
Posted
  • Rental Property Investor
  • Carmel, IN
  • Posts 1,207
  • Votes 595

Thanks for the recommendation! I'm about to go shopping! Can highly recommend the first 2.

Post: Question about BP books on Amazon

Nick Giulioni
Posted
  • Rental Property Investor
  • Carmel, IN
  • Posts 1,207
  • Votes 595

Hey - what items are you talking about? There are often pre-order bonuses if you buy directly form BP.

Post: Finding MultiFamilies using Zillow

Nick Giulioni
Posted
  • Rental Property Investor
  • Carmel, IN
  • Posts 1,207
  • Votes 595

Zillow is kind of hard to find consistent data. Filter by apartments for one search. In another, you should look for houses and use keywords like “duplex, triplex, tri-plex, quad, quadplex, fourplex, four-Plex, mother in law, mother-in-law” etc.

Post: Closing Out of state

Nick Giulioni
Posted
  • Rental Property Investor
  • Carmel, IN
  • Posts 1,207
  • Votes 595
Originally posted by @Rigo V.:

@Nick Giulioni does the lender have any say in this? My HML said I needed to be present but I am not sure why. Makes no sense.

 The lender kind of gets to dictate whatever they want unfortunately. That said - I’ve personally never heard of them needing the buyer to be present.

Post: New member to BP, just want to say hi

Nick Giulioni
Posted
  • Rental Property Investor
  • Carmel, IN
  • Posts 1,207
  • Votes 595

Sounds like you have a plan! Welcome to the community!