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All Forum Posts by: Ross V.

Ross V. has started 8 posts and replied 48 times.

Post: Newbie from Phoenix, AZ

Ross V.Posted
  • Scottsdale , Arizona
  • Posts 52
  • Votes 18
Mark Gianino welcome! "Lurker for quite some time" - I noticed you have been on BP for 2 years, congrats on taking this next step. I'm local to PHX as well. Happy to connect and see if we can help each other out. Like you.. I find my goals/ strategies frequently change.

Post: Newbie.. General questions..

Ross V.Posted
  • Scottsdale , Arizona
  • Posts 52
  • Votes 18
Elliot Glassman welcome to BP ! I'm newish to REI as well and have been working on wholesale deals. I also found mentorship here in AZ to help get started. Let's connect and see if we can bounce ideas!

Post: Phoenix February Meetup - Update

Ross V.Posted
  • Scottsdale , Arizona
  • Posts 52
  • Votes 18

Post: Clever Investor (should I)

Ross V.Posted
  • Scottsdale , Arizona
  • Posts 52
  • Votes 18

@Cody Sperber  Marketing is essential to driving a successful business - keep up the hustle!  I'm new to investing in the Phoenix area.. pretty sure @Hakeem Valles and I would take you up on a ride along to see your projects! 

Post: Phoenix January 2017 Meetup

Ross V.Posted
  • Scottsdale , Arizona
  • Posts 52
  • Votes 18

@Cooper Craig See you there? 

Post: Phoenix January 2017 Meetup

Ross V.Posted
  • Scottsdale , Arizona
  • Posts 52
  • Votes 18

@Jacob Kaufmann what does your Thursday look like? 

Post: Upcoming Workshop on intro to wholesaling

Ross V.Posted
  • Scottsdale , Arizona
  • Posts 52
  • Votes 18

Fellow Phoenix wholesale and real estate investors  - if you are interested in this opportunity, I invite you to let me know on the thread or send me a colleague request w/ a pm message. I will help get you RSVP'd and I'll also send you some materials to look over prior to the 21st (assessment to help determine your specific real estate goals and video on our local investor network). 

@Jacob Kaufmann feel free to invite anyone from your network as well! 

Post: Best Way to Finance First Rental Property?

Ross V.Posted
  • Scottsdale , Arizona
  • Posts 52
  • Votes 18

@Stephanie P. thanks for the insights! 

Post: College student with big ambitions

Ross V.Posted
  • Scottsdale , Arizona
  • Posts 52
  • Votes 18

@Phoenix Harris great ambition- looking back I wish I would have purchased a house (with the help of lender/cosigner) in my college town, lived in it and rented out the other rooms to my friends. After graduation you can sell or continue to rent out (adding the cost of a property manager to the renters). 

Also, I also did not have a degree related to real estate but decided to go to "the school of hard knocks" meaning I worked part time for my landlord (odd jobs around his properties) - he would add up my hours at the EOM and subtract from what I owed him in rent - obviously not a conventional employment opportunity, but it allowed me to learn my way around rentals, spend time with an investor .. and lower my rent! 

Hope my experience and insights help ya out - good luck! 

Post: Best Way to Finance First Rental Property?

Ross V.Posted
  • Scottsdale , Arizona
  • Posts 52
  • Votes 18

@Stephanie P. thank you for the insights - my wife and I are planning to buy our first home as a 2-4 plex - live in one of the units and rent out the others. Both with excellent credit and well paying jobs - does that seem like a feasible plan to be able to get a traditional loan? 

Question #2 if you have the option for hard money or bank loan which would be better suited?