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All Forum Posts by: Rob Nappi

Rob Nappi has started 7 posts and replied 48 times.

Post: Is this a good rental property?

Rob NappiPosted
  • Investor
  • Santa Rosa, CA
  • Posts 59
  • Votes 18

I wish you would have messaged me before this deal. You are not winning. 

Message me and I could have gotten you cash flowing $3- $4k a month with that much $. 

You would have to invest in Indiana. Have a whole team and resources.  Rates we are getting for property mortgages are 5-6% for our multi-family investments. I know everyone is getting terrible rates but we use a broker out of AZ and his fee is only about $2400. 

Anyway if you are interested or anyone for that matter. Private message me. 

GOOD LUCK! 

Rob

Post: Multi-Family investing (real cash flow)

Rob NappiPosted
  • Investor
  • Santa Rosa, CA
  • Posts 59
  • Votes 18

Cash flowing a lot on our properties. I understand I'm not going to see anything for appreciation.

If anyone is interested come check out our program.  Private message me for the details. Biggerpockets guideline wont allow me to give you the information here. 

Thanks,
Rob 

Post: Multi-Family investing (real cash flow)

Rob NappiPosted
  • Investor
  • Santa Rosa, CA
  • Posts 59
  • Votes 18

I see that people own properties in Indiana and they are only getting subpar rents. I look at that and don’t understand why this is happening! 

I can get a minimum of $700 a bedroom per month for properties in Indy. 
The properties I’m referring to are the lower priced ones. The ones that generate cash flow. 

For example: I found a completely rehabbed property in Anderson today that I can get to cash flow $1200 a month. 

So much $ to be made in Indy!! 

Now, where I live in Cali. No chance I can make the ROI out here.

If anyone is interested in investing in Indy multi family. DM me, let’s connect! 

Rob

Post: Investing in a Mentorship program

Rob NappiPosted
  • Investor
  • Santa Rosa, CA
  • Posts 59
  • Votes 18

Yes. DM me about cash flow. If you are not making over $1k a month on your deals, let me know. Average cash flow on our deals are better than most. We only take on a limited amount of people. We have ex NFL investors interested in the returns we can produce. This is in Indy though. You would have to be okay with investing out of state. I’m from California and invest out of state. Hope to chat soon.

Thanks! 

Post: Best are to buy rental properties in for Section 8 tenants?

Rob NappiPosted
  • Investor
  • Santa Rosa, CA
  • Posts 59
  • Votes 18

I’m setting up a website to help people like you. You might want to contact me. Returns are insane and we have all the connections. Private message me for more details. 
If not, good luck to ya. 
3/1 doubles converted to more units is the best properties to buy. Returns better than anyone on here. Not just section 8 either. We have a list of over 17k people needing housing. We have the contracts. 

Post: High Earning W2 people, what is your strategy?

Rob NappiPosted
  • Investor
  • Santa Rosa, CA
  • Posts 59
  • Votes 18

Hey there,

I’m an investor and start out investing for your retirement.  Then once you get there make sure you can afford your life style and health benefits. Then live the dream! 

Here is what I’m doing. I’m all about stats and probability. I buy out in I Indiana. Everyone will tell you there is so much land it won’t go up in value much. That cash flow isn’t everything…. All noise. 
I save money from my W2 and invest it in properties that cost as much as a pick up truck. But I cash flow over $1k or more per property. That is typical with about $20k down and the rest on a mortgage. Then once you show your cash flow you can get another loan and another. Up to 10 for single and 20 for married. 
I get creative with the properties or leave them as they are. 
I’m currently building a website and will be sharing all this information with people. I’m an out of state investor as well. Have an awesome team back in Indy. I feel lucky and blessed for that. If you want to match your income that will take some time. But with the system we are working out there, if you had 20 2bd 1 bath units you can make $13,500 a month. That is all cash so you would have to adjust the numbers for the mortgage if you had one. Just an example of the power of how real it can get when you have a great paying job and invest in an area that cash flows well. We also use government programs for placing tenants and get 2 year leases guaranteed income from these programs. We have the contracts, we have the phone calls everyday and week for placing people in housing. We have the contacts for the Indianapolis market. We have the property management, the best rates for repairs and rehabs. 
save money buy investment, get it to cash flow and stack that into your saving again, reinvest into another property. Before you know it that will pay all your living expenses and then some.  That’s the plan from my side. 

Good luck, 

Rob 

Post: Motivated for out of state purchase

Rob NappiPosted
  • Investor
  • Santa Rosa, CA
  • Posts 59
  • Votes 18

Hey there,

I’m located in Northern Cali. I have been involved IN Indy since 2018. I currently have a team out there. 
I’m currently building a website to share information about how I invest in INDY.

We have what we call “The Program.” 
This all depends on what your goals are.

If you are looking for cash flow then keep my information and I will give you a link to my site that will explain everything.

quick version:

We buy most likely something that needs work. We use a property management company that beats anyone on price for repairs or renovations. We use government contract programs to place tenants. 2 year leases guaranteed money. Rates vary but are at or above current market rates. 
Property management is part of the deal. You cannot use the program to place tenants and use a different company. They do a great job. Plus have access to a lot of off market deals from other investors that use this property management company. 
I run the numbers on 8%-10% mortgage rates and still cash flow nicely. Sounds insane but it’s true. Just reach out if you’re interested for more info. I will have the site complete by next week. 

Good luck,

Rob

Post: Section 8 Property Manager referral

Rob NappiPosted
  • Investor
  • Santa Rosa, CA
  • Posts 59
  • Votes 18

PM me about section 8 PM. My contact deals with a lot of government programs. Everything we do is 2 year leases guaranteed income from the government. Plus they deal with the PM. Message me for more details. I will reach out to them to see if I can pass on their information. We get creative as well with duplex’s. Make them into 4 or 5 units and get big returns. 

Post: investors friendly agents

Rob NappiPosted
  • Investor
  • Santa Rosa, CA
  • Posts 59
  • Votes 18

I’ve been involved with Indy since 2018. There is a lot of potential still out there. 

We are currently developing a website to connect investors into our investment system. More on that later if you would like more information. 

Derrick Bailey is who I used. I have closed with him. Solid investor friendly realtor. Knows the market well in Indy. 

I was just out there last week with him. He does flips and long term rentals for himself. Very knowledgeable. Quickly calls or text back. Doesn’t hang you out for long periods of time. 

What kind of real estate are you investing in?

Let’s connect! 
take care,

Rob 

Post: Looking for CPA for personal, real estate and wife's business

Rob NappiPosted
  • Investor
  • Santa Rosa, CA
  • Posts 59
  • Votes 18

I recommend Mark Kohler. 
I’m currently using him to set up my 

Revocable living trust, will, LLC's.

Great for real estate and business. 
Power house of the industry. 

They can help with everything. Good luck!