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All Forum Posts by: Account Closed

Account Closed has started 5 posts and replied 31 times.

Post: House Hacking Question: How much should I put away ?

Account ClosedPosted
  • Jersey City, NJ
  • Posts 37
  • Votes 13

@Ceasar Rosas thank you so much for the detailed explanation and a more accuratw figure. I one day, hope to have the skills to be able to do some of the same repairs you did. Great insight! 

Post: House Hacking Question: How much should I put away ?

Account ClosedPosted
  • Jersey City, NJ
  • Posts 37
  • Votes 13

@Dan Jensen I really appreciate you taking the time to respond with that much insight!! I used to listen to Dave's podcast quite a bit and I read his total money makeover so I agree an emergency fund is a good start and the LOC is also interesting to look into. THANK YOU!!!

@Michael Ehmann Yes this will be my first investment purchase. 

Post: Facebook ad success

Account ClosedPosted
  • Jersey City, NJ
  • Posts 37
  • Votes 13

@Cody Evans It all depends on your Ad objective. If you want to get a client to become aware of your business with a Reach Campaign that is directed to a website then in that instance, it makes sense. From @Greg Hamer funnel though, it sounded like he was trying to convert the lead with a hard sell.  

Post: Facebook ad success

Account ClosedPosted
  • Jersey City, NJ
  • Posts 37
  • Votes 13

@Greg Hamer Your marketing plan looks great except for one thing. I wouldn't suggest a webpage I would go with a landing page. I run Facebook Ad's and landing pages are meant to generate leads and a webpage is meant to explore. Good resources is Instapages or ClickFunnels 

Hope that helps! 

Post: House Hacking Question: How much should I put away ?

Account ClosedPosted
  • Jersey City, NJ
  • Posts 37
  • Votes 13

@Anna M. Thank you for the advice! Yea I definitely look forward to my first house hack!  @Matthew Porcaro That is a great way to handle the "profits". Thank you!! 

Post: House Hacking Question: How much should I put away ?

Account ClosedPosted
  • Jersey City, NJ
  • Posts 37
  • Votes 13

@Brent Coombs @Matt B. Thank you for the response. I understand what you're getting at. 

Do you both have experience in owner-occupied rental property? What is one thing you wish you did differently in the process?

Post: House Hacking Question: How much should I put away ?

Account ClosedPosted
  • Jersey City, NJ
  • Posts 37
  • Votes 13

Hey Everyone! 

I'm getting excited about 2018 and planning my goals for the year to come. I'm looking to move out of Jersey City and purchase a Duplex in Westchester, NY. I'm shooting to qualify for an FHA 203K loan depending on what I can find. I understand how much I need to save for the down payment, closing costs and such. My question is how much should I save for the unexpected issues with buying my first property?

Any experienced House Hackers would love to hear your experience! 

Thanks! 

Post: Upcoming REI Meeting- Binghamton / Southern Tier NY

Account ClosedPosted
  • Jersey City, NJ
  • Posts 37
  • Votes 13

@Stephanie Jacobson Awesome! Thank you for the fast response. 

I shoot him a message earlier so looking forward to coming to a meeting soon! 

Post: Upcoming REI Meeting- Binghamton / Southern Tier NY

Account ClosedPosted
  • Jersey City, NJ
  • Posts 37
  • Votes 13

Hi Everyone! 

Is the REI meetup in Binghamton/ Southern Tier still happening? I would love to connect

Post: Wholesaling in Rural areas ( Upstate NY )

Account ClosedPosted
  • Jersey City, NJ
  • Posts 37
  • Votes 13

I'm not a wholesaler by nature but want to help out a friend. The property is close to where I grew up in Delaware County, NY. It's a very rural area but fairly close to a State College in NY ( SUNY Delhi). 

What are some of the best marketing tactics for a property in a rural area to find a flipper or investor?