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All Forum Posts by: Virgilio Garcia

Virgilio Garcia has started 10 posts and replied 109 times.

Got it. Thank you for clarifying. I have heard there is a tax benefit to owning as well. this will definitely be important as i progress in my journeys.  

Thank you for the response @Nikolas Buchholtz , this was helpful. 

I didn't understand what you meant by "depreciation" in the pro column. can you please explain. 

Post: meeting like minded individuals.

Virgilio GarciaPosted
  • Bronx, NY
  • Posts 115
  • Votes 21

Hey @Christian Costa  is good to meet you as well. Thank you for the request.

i am very excited about this and want to learn as much as you can. lets link up soon and get some ideas going. 

Hello all, 

I wanted to get some advise and opinions of multifamily homes as a primary residence and investment ( tenant pays off mortgage).

i have an idea where i would go out and find a motivated seller with a 50% occupancy where i can take up the other 50% becoming a landlord.

I know this is going to take some hard work and i am willing to put in the work. I want to weigh the pros and cons, best case scenarios and worst case scenarios. 

Thank you all. 

Post: meeting like minded individuals.

Virgilio GarciaPosted
  • Bronx, NY
  • Posts 115
  • Votes 21

Thank you @Account Closed 

i went to the meetup website and joined and i am looking forward to my first meet up in my area next week! 

i am fairly new to bigger pockets and real estate in general, but i just wanted to say congrats on acquiring your first property.  

Post: Just Getting Started

Virgilio GarciaPosted
  • Bronx, NY
  • Posts 115
  • Votes 21

hello Nick, i my self am starting off and very excited about Bigger Pockets and real estate investing. if you're ever in NY, i would like to meet with you and come up with some ideas. 

best of luck, take care.

Hey Cashmere, Omar, Lawrence what's up? 

 I am excited to see this post. I currently live in the Bronx and my building I live in went through a major renovation in the past few years and rent has hit a all time high. I am interested in multifamily, (duplex, Triplex) as a residence and investment. I see we are in the same area and would be interested in linking up and learning as much as possible. I will be following this post. 

Post: meeting like minded individuals.

Virgilio GarciaPosted
  • Bronx, NY
  • Posts 115
  • Votes 21

Hello every one, I am Virgilio. I have made the decision that i will be a real estate investor and will part take in the benefits and fun that it can bring. i am starting off and excited to be a member of bigger pockets. I wanted to ask those that started off from scratch, where can i meet and network with people and discuss my ideas and visions. I am a people person and have no problems sparking a conversation, especially one as positive as real estate and investments.

Thank you all.