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All Forum Posts by: Thomas Liberatore

Thomas Liberatore has started 1 posts and replied 3 times.

Post: Passive income from rental properties

Thomas LiberatorePosted
  • Norwalk, CT
  • Posts 3
  • Votes 0

@Taylor L. Thank you. Appreciate the feedback. Would love to chat more and give more details on the potential deals I’m looking at. The #s are all out on a spreadsheet. %s all look great. Local investing has more cash flow, but as you said might have been affected with the pandemic. Would love to chat and get more insight

Post: Passive income from rental properties

Thomas LiberatorePosted
  • Norwalk, CT
  • Posts 3
  • Votes 0

@Jaspreet Baveja Thank you, we can definitely chat about it. Do you want my email?

Post: Passive income from rental properties

Thomas LiberatorePosted
  • Norwalk, CT
  • Posts 3
  • Votes 0

I’m a rookie investor, looking to gain off passive income for cash flow & appreciation.

I made a great investment when I bought my current home from my grandmother. I did some work to the upstairs and did about a 1/2 renovation & built a substantial amount of equity inside the house. Which got me and a future business partner talking.

I’ve invested inside his company as a PML & got 2 returns of 15 %

So one stream of my machines I want going is continue PMLing on flips, but I want rental properties to products cash flow and appreciation to continue to leverage & stack.

I’ve found a couple markets I’m interest in, and have a current company I plan to work with.

My dilemma and stall right now is I don't know if I should take my entire capital and purchase one house flat out, and collect the cash flow and then HELOC that property to go get 2 more properties so I'm only paying interest on the equity line. Or, do I spread my capital out and go purchase 2-3 properties to begin my out of state investing. In hopes those cash flow and produce appreciation to then leverage.

I am leaning toward buying a 100 - 120K property, which would wipe out my emergency funds. But would be able to fully leverage the property to go put 40-50K down on 2 more properties. Welcome to different perspectives. Thanks.