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All Forum Posts by: Paul Sorgi

Paul Sorgi has started 10 posts and replied 340 times.

Post: Newbie in The Woodlands, Texas (Houston)

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Welcome to BP great place to make friends, learn and grow your network.

Post: Newbie investor - wholesale & rentals -NJ

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Welcome @Keith Feliciano a great way to find what your looking for is to use the search function. If you type in "wholesale" your results would be

http://www.biggerpockets.com/search?utf8=%E2%9C%93&term=wholesale#topics

Also set your keywords to what interests you in RE

Post: BP Meetup in Boston Massachusetts

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

I can do evenings and lunch if in Waltham.

Post: Sold house with financing, buyer refuses to pay

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

As many have said above you need to have the title researched. You may still have a lien on the property and can take action by pursuing a foreclosure or negotiating with the "new" owner. Keep us posted on your progress.

Post: Where to invest

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

I found @Jeff Brown on the BP podcast to be very informative on where and how to invest.

http://www.biggerpockets.com/renewsblog/2013/05/09/bp-podcast-017-mentors-retirement-jeff-brown/

Post: Hello, all! I'm new to the site and presently live in NYC.

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Welcome @Kevin Doherty so nice to meet you. You have come to the right place and @Dawn A. has pointed you in the right direction! Set those alerts to hone in on your favorite topics as @Dev Horn suggested.

Post: Computing ROI when offering seller financing

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Regardless how you calculate it or what yo call it congrats on such a good deal!

Post: New member in Boston!

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Welcome Art Campbell BP is a great place to learn and make great contacts! Hope to see you at one of the local REIA meetings!

Post: I know its tough..but HOW tough?

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Getting a license would not hurt and should be relatively easy to obtain. I would keep my FT J.O.B until you are making enough money to leave your job. My rule of thumb would be a consistent income of 2x what you are earning currently at your job. Make sure you remain focused on Building your business and don't fall in to the trap of building some on else's business. Get your License for your reasons not to just become another agent in the field.

Post: First deal so I need some feedback

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Kevin Scott we never stop learning but we can't let learning get in our way of taking action.

Real Estate boils down to numbers that make sense to you and others if you want to sell it. I think you are ready to venture into owning 1-4 unit if you sit down and crunch your numbers a bit more.

Forget what the seller is asking for and formulate your price and make an offer. Nothing ventured nothing gained.

How do the numbers work if you bought it for 182k?