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All Forum Posts by: Account Closed

Account Closed has started 11 posts and replied 256 times.

Post: Greetings from New York, NY

Account ClosedPosted
  • Rental Property Investor
  • Brooklyn NY
  • Posts 263
  • Votes 469

@Brian Charles

Welcome.  What market are you considering for your first purchase?

Post: Greetings from New York, NY

Account ClosedPosted
  • Rental Property Investor
  • Brooklyn NY
  • Posts 263
  • Votes 469

@Brian Charles

Welcome.  What market are you considering for your first purchase?

Post: Investing/House Hacking near Brooklyn NY

Account ClosedPosted
  • Rental Property Investor
  • Brooklyn NY
  • Posts 263
  • Votes 469

Brooklyn REI and small budget is not probable.

Post: Best way to invest several million+?

Account ClosedPosted
  • Rental Property Investor
  • Brooklyn NY
  • Posts 263
  • Votes 469

@Uzi Pablo

How long will you continue to receive $1mm per month?  

Let's assume you will net $1mm per month for 12-months.  That is $12mm in one year.  Live below your means, allocate some cash to paper assets, real estate (lending) and business (startups, or whatever).  

Most importantly, go live your life.  You have won the game.  

Post: Rebuilding Capital after First Investment!

Account ClosedPosted
  • Rental Property Investor
  • Brooklyn NY
  • Posts 263
  • Votes 469

@Michael S.

I also do this, except with money I make outside of my W2 income.  All of my "side hustle" money gets funneled to my RE account.  I give myself enough room for 20% downpayment and 1-year reserves.

Post: First Investment Property

Account ClosedPosted
  • Rental Property Investor
  • Brooklyn NY
  • Posts 263
  • Votes 469

@Yusef Griffin

I recently closed on a property in Little Rock (my hometown) too.  

What part of NLR did you purchase in?  Also, what turnkey company did you use?

Post: 1st time buyer advice

Account ClosedPosted
  • Rental Property Investor
  • Brooklyn NY
  • Posts 263
  • Votes 469

@Dominique C.

It sounds like you should take a look at your entire financial picture before you purchase a rental property.  When do you plan on retiring?  How much cash do you have set aside?  Be very, very careful.  

Post: Anyone started investing in RE at age 35 or later?

Account ClosedPosted
  • Rental Property Investor
  • Brooklyn NY
  • Posts 263
  • Votes 469

34 now.  

One property under my belt.  Working on property number two by age 35.  

Post: Are the seminars valuable or scams?

Account ClosedPosted
  • Rental Property Investor
  • Brooklyn NY
  • Posts 263
  • Votes 469

Seminars are very, very valuable...

Just ask the person collecting your debit/credit card number to sign you up for the program.

Post: How did you get your first deal?

Account ClosedPosted
  • Rental Property Investor
  • Brooklyn NY
  • Posts 263
  • Votes 469

@Ryan Allday

Sent you a PM.