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All Forum Posts by: Stephen Manago

Stephen Manago has started 3 posts and replied 9 times.

Post: Property analysis of apartment complexes?

Stephen ManagoPosted
  • Austin, TX
  • Posts 9
  • Votes 0

@Zak Parks thank you for the quick response. This tip was/is an aha moment for me. 

Post: Property analysis of apartment complexes?

Stephen ManagoPosted
  • Austin, TX
  • Posts 9
  • Votes 0

What is the most efficient and effective way to get the annual income an apartment complex generates? Are there any resources online where I could find this information?

Post: First incounter with seller

Stephen ManagoPosted
  • Austin, TX
  • Posts 9
  • Votes 0

Thanks Brionne for the speedy response, answering my plea and the helpful nuggets. I should start with one niche then expand to others, and then gain additional knowledge on funding creative strategies got it. Is it possible for me to kill two birds with one stone? Meaning can I do profitable deals as a wholesaler while simultainously learing about different funding options? I do one day plan to master the buy and hold niche soon after earning some capital from wholesaling some properties. I am more interested in multifamily 4-50 units. You mentioned wholesaler's are normally interested in properties with 30-50% equity, how do I determined how much equity a property holds?

Post: First incounter with seller

Stephen ManagoPosted
  • Austin, TX
  • Posts 9
  • Votes 0

I am 4 1/2 weeks into my real estate career with no prior experience. I recived a few guidance marketing tips from one of the local REI MeetUp groups. The flyer that I was recommended to use states " I am prepared to buy home as-is even if it is in need of any repairs and can be flexible on the closing date and can even pay all of the closing cost for you. Anyone can sell if they have Little to No equity and if need be can even help you make your payments." I have no idea what type of deal this is or how to successfully complete? I don't know what question should I be prepared to as any seller who responds to the flyer? Can anyone help?

Post: Austin Texas Newbie!!!!

Stephen ManagoPosted
  • Austin, TX
  • Posts 9
  • Votes 0

Welcome to the BP community Kim and I wish you nothing but prosperous investments. 

Post: Newbie from Austin,TX

Stephen ManagoPosted
  • Austin, TX
  • Posts 9
  • Votes 0

Thanks a lot Andrew, Arnell and Shawn for the warm welcoming into the BP community. I am looking forward to collaborating with you all here in the near future.

Post: Newbie from Austin,TX

Stephen ManagoPosted
  • Austin, TX
  • Posts 9
  • Votes 0

Thanks a lot Andrew, Arnell and Shawn for the warm welcoming into the BP community. I look forward to one day working on huge deals with you all.

Post: Newbie from Austin,TX

Stephen ManagoPosted
  • Austin, TX
  • Posts 9
  • Votes 0

Thank you Matthew and John for the warm welcoming. 

Post: Newbie from Austin,TX

Stephen ManagoPosted
  • Austin, TX
  • Posts 9
  • Votes 0

Hello everyone my name is Stephen Manago and I have zero experience in real estate as of right now. I was raised here in Austin for the majority of my adolescent years. I am a student of the real estate world eager learn, grow and do my first profitable deal. I plan to assist homeowners quickly sell for cash in as-is condition, hassle free without any contingencies or paying thousands in real estate commissions. Also, I plan to assist investors find deeply discounted properties with ROI near .70 ARV. I was highly suggested to join PB by someone at my first ever RIC meeting a few weeks ago. I joined the next day and finally built up enough courage to introduce myself to the community.