All Forum Posts by: Brandon Ingegneri

I’ve been consistently wholesaling in New England for the better part of a decade with success.

I purchase value ad and while prices have creeped, deals are out there if you sift through enough inventory. If you are having issues finding them though, I think it is absolutely a smart move to stack your chips so that you can act quickly when you do find one. Otherwise, great idea slashing debt. It will set you up nicely when you begin buying again. 

No one was made to look like a fool. You’ve got it wrong. And, I didn’t put anyone down in my post to “make me look big”. Yes I love real estate because I love doing deals, but if it wasn’t the absolute best possible return on my money, I would be shifting gears. 

It’s not disrespectful. It’s my opinion, and 100k in student debt is pointless unless  you are getting a highly specialized degree. Plain and simple. We can respectfully agree to disagree. No one is getting disrespected for going to college, but I do in fact believe that we are conditioned to believe that you are a failure if you do not go, and that is in fact a snow job. The hands down most successful people that I have ever met in my life were entrepreneurs and not college graduates. 

Case in point. I know a gentleman who owns 23 Dunkin Donuts franchises. Shrewd and sharp businessman. More common sense than anyone I have ever seen and he is worth tens of millions of dollars. The man can not read a lick. He brings his wife to read him the paperwork when he closes a deal. 

This brings me back to my original point. Unless you are getting a specific advanced degree, it is not essential. 

Do both. Take a look at what Joel Florek is working on. You may not need to choose between one or the other.

I wouldn’t just blow out of them. Id either ride it out, or I’d tap into your A+ tenants. I’m sure they’d love to be homeowners, and holding the note on a sale to them gives you the best of both worlds. Cash flow, less maintenance, and most importantly leverage! Good luck with whatever you decide.

It doesn’t seem worth it for less than $100 per week profit. I’d take a closer look and see if you can increase your margin. A little value add, maybe a unit that is below market value rent, or a modification made to the property that may offer a cost savings.

I have an account with several local lumber yards. They have a some great material options, and some deals if you do enough volume with them. Plus, you don’t need to pay for 30 days in most cases and they give your company a credit rating through Dunn and Bradstreet. Additionally, if your looking for a legit sub, the lumber yard knows which guys are rockstars. Different clientele than the local HD generally. Having said that, I am also at Home Depot almost every single day out of convenience.

Nicely done

Will Gaston really great post. I’ve been doing this for some time, and you pointed out some things that I never even considered. 👍🏼

Read a little bit about me in my profile. I think you may like what I have to say. I know I’m probably going to start a war here, but whatever. It is what it is. Unless your getting a highly specialized, or advanced degree, college is one of the biggest snow jobs going with the exception of the socialization and benefit from networking. 99.9% of people will probably disagree with my outlook on college because this ideology has been beaten into our heads since we were watching Saturday morning cartoons as kids. Then again 99.9% of people out there aren’t the 1%. The 1% does not think like the masses. Here is my advice. If your going to pull the rip cord, then do it. But you have to be 1000% in for the long haul, the grind, and the pain, because if your going to build something from the ground up, that’s coming, and that is inevitable. Forget being 100% in. 100% is for the kid who brings the teacher an apple on the first day of school. You need to be completely vested. If your not, finish college. I come from a family where EVERYONE has an advanced degree. Dentists, pilots, engineers, Ivy League grad fiduciary advisors, and so on and so on. When I didn’t go to college, you’d think I drowned a litter of puppies by the reaction my family gave me. Fast forward 15 years, and they all sing a different tune. Recently, I sat down with my cousin. He is the fiduciary advisor. UPenn, then Yale. Needless to say, the kid is pretty sharp and has built a nice life for himself and his family in his last 20 years doing this. I tell him I want to invest some money with him, and he sees the returns I get on my real estate. I walked out of that meeting with his money investing it for him because he couldn’t touch the numbers I was getting if he invested my money. It took him 2 Ivy League schools to figure that out from a firefighter who blew off college and got into real estate. Just sayin...