All Forum Posts by: Tyler Piciullo

Ok best place to look?

LTR

Hi everyone I am looking to purchase my first buy and hold property. Basically I am a real estate agent (I am very focused on listings etc.) and am looking to make my first buy and hold property purchase (passive investor). 

#1. What criteria should I shoot for

#2. Where should I start

#3. Can I just buy something off of the MLS

Location: South Florida

@Marian Smith I actually meant if the market goes down ! not depreciate 

IM READING A BOOK HELP!

GROSS RENTAL INCOME: $1,000

VACANCY: $60

WHY WOULD VACANCY ONLY BE $60 ON A SINGLE FAMILY HOME? WOULDN'T IT BE MUCH MORE BECAUSE YOU ARE NOT RECEIVING ANY RENT?

@Alwilson can you explain on that please!

Is a depreciating buy and hold cash flow property a problem for your profits??

That is incorrect, my gain would be $200,000 @Mitch Messer

House Cost: $100,000

Purchase: $20,000 Financing (Down)

Repair Value: $50,000

Sold: $200,000

What is my ROI??

Hey, I am a new investor and I have no done a deal yet but would love too! What is stopping me is my lack of knowledge in contracts and paperwork to actually close a deal and get a deal going! Some things I need help with are "Escrow" "Title Companies" and "closing paperwork!" I am looking for a response from an established individual who has done a deal! Thank you! You're help is appreciated!