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All Forum Posts by: Romain Amrani

Romain Amrani has started 4 posts and replied 18 times.

Post: Excited about fix and flipping

Romain AmraniPosted
  • Annandale, NJ
  • Posts 18
  • Votes 0
- I am an aspiring real estate investor currently living in central New Jersey, hunterdon county to be exact. I'm a 17 year old senior in high school soon going to college to major in business administration. I am happy to bring any form of value to the table in exchange for some knowledge whether it'd be looking for possible deals, helping with marketing campaigns, etc. Hopefully this could lead to a possible partnership in a future deal. I am very ambitious and want to have a successful future through REI. My goals (not dreams) are as follows. Beginning by flipping houses to get into the business of REI, learning the trade and continuing to do so as a means of building capital. Then immersing myself into buy and holds and then scaling to a much larger level. I am very ambitious and ready to put the blood sweat and tears in. I still have much to learn. I would love to talk!

Post: Asking advice for a new investor with an ambitious plan

Romain AmraniPosted
  • Annandale, NJ
  • Posts 18
  • Votes 0
Sean Walton My major is business administration. I chose this because as many others at this stage of life I am quite unsure of my future career. Whether it'd be full time real estate investing or doing that on the side while owning my own business. Currently I am planning on obtaining my real estate license once I turn 18 and finding a brokerage that will take some of my commission and in return teach me some of the knowledge of the business. I feel that this can be a good source of capital for my first few deals and if I find a lot of interest in it I could become a full time agent once out of college and then use my spare time in REI.

Post: Asking advice for a new investor with an ambitious plan

Romain AmraniPosted
  • Annandale, NJ
  • Posts 18
  • Votes 0
Alex Capozzolo Thanks so much for your reply. I will definitely look into finding someone who would be interested in working with me on a deal once I am of legal age (18). I will also definitely keep in mind bringing value to the table by using your method of marketing.

Post: Asking advice for a new investor with an ambitious plan

Romain AmraniPosted
  • Annandale, NJ
  • Posts 18
  • Votes 0
I will definitely take that route into serious consideration, thank you for sharing your advice.

Post: Asking advice for a new investor with an ambitious plan

Romain AmraniPosted
  • Annandale, NJ
  • Posts 18
  • Votes 0
Great advice! Thank you so much.

Post: Asking advice for a new investor with an ambitious plan

Romain AmraniPosted
  • Annandale, NJ
  • Posts 18
  • Votes 0
I have a decent amount of capital from an inheritance which will cover the down payment and other smaller expenses but I'm assuming it's impossible to get a lone at my age. Is it possible to get a loan in my mothers name and use it for a purchase of my own? She would have no problem getting a loan for my endeavor, it's just a question of legality. The only other option I can see is to learn creative real estate investing and use certain methods to fund a property without any starting capital, though I will have much more trouble finding a mentor on this method of investing since the traditional way is much more popular.

Post: Asking advice for a new investor with an ambitious plan

Romain AmraniPosted
  • Annandale, NJ
  • Posts 18
  • Votes 0
- So I'm decently new to real estate investing but I am very excited to learn the process (to the point where it keeps me up at night) and one day implementing it myself. Just a heads up, I am very serious about using real estate investing as a tool of income for the rest of my life so please take the following questions seriously. A little bit of personal background, I'm a 17 year old senior in high school soon to graduate. I'm thinking about finding a mentor to help me on learning the business of flipping houses for the moment and then another mentor in a few years for renting out property. The reason being is that I have two years of a local community college ahead of me and after those two years I will be moving to California to finish off my degree which means I wouldn't be able to take care of any rental properties in NJ (where I live now). So my idea is that I flip maybe a house or two during my remaining time in NJ and then pursue renting out houses in a few years, what are your thoughts. Of course a question to go along with this is do you think it's possible to learn enough in a years time to be able to begin flipping houses myself. Let's say I were to find a mentor on this subject in the next month and spend the rest of my free time doing diligent research online. Then I would utilize these tools of knowledge over the span of a year which would leave me another year of implementing my new found knowledge and flipping one or two houses depending on how long the first one takes. The time I would be using to get these things done is my extra time outside of my studies which can be more time than you think. Feel free to leave any thoughts, I am open to all advice. Thanks.

Post: Asking advice for a new investor with an ambitious plan

Romain AmraniPosted
  • Annandale, NJ
  • Posts 18
  • Votes 0
- So I'm decently new to real estate investing but I am very excited to learn the process (to the point where it keeps me up at night) and one day implementing it myself. Just a heads up, I am very serious about using real estate investing as a tool of income for the rest of my life so please take the following questions seriously. A little bit of personal background, I'm a 17 year old senior in high school soon to graduate. I'm thinking about finding a mentor to help me on learning the business of flipping houses for the moment and then another mentor in a few years for renting out property. The reason being is that I have two years of a local community college ahead of me and after those two years I will be moving to California to finish off my degree which means I wouldn't be able to take care of any rental properties in NJ (where I live now). So my idea is that I flip maybe a house or two during my remaining time in NJ and then pursue renting out houses in a few years, what are your thoughts. Of course a question to go along with this is do you think it's possible to learn enough in a years time to be able to begin flipping houses myself. Let's say I were to find a mentor on this subject in the next month and spend the rest of my free time doing diligent research online. Then I would utilize these tools of knowledge over the span of a year which would leave me another year of implementing my new found knowledge and flipping one or two houses depending on how long the first one takes. The time I would be using to get these things done is my extra time outside of my studies which can be more time than you think. Feel free to leave any thoughts, I am open to all advice. Thanks.