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All Forum Posts by: Christopher Rodriguez

Christopher Rodriguez has started 10 posts and replied 167 times.

Post: NJ Sheriff Sales - 3 Questions

Christopher RodriguezPosted
  • New York, NY
  • Posts 173
  • Votes 33

@Richard D. but it's those very connections that make it crucial to your success versus other people and I will take your process as a model to consider while I find my groove to this

I believe once my financing is ready my traction in investing will move dramatically forward.

Post: BP just saved us $800!

Christopher RodriguezPosted
  • New York, NY
  • Posts 173
  • Votes 33

@Andrea W. i have heard of Ybor city from a radio show i follow.... and thanks for confirming that..... 

and defining what a efficiency is

@Account Closed  i heard a couple of familiar scary words from the last Recession,

those words are at the core of the worry of Multi's  you see new investors dive into.

the words that  were echeod were " Rent Backed Securities"  very scary stuff !

remember the words last recession were voiced " mortgage backed securities that were sexily sold to european countries.....

now imagine this is my speculative mind at work but given the fact large hedge funds bought massive homes for a reason. well imagine a repeat in the rental market if this occurs and we know eventually it is a matter of when will they dump their portfolios

BP can help with the tremedous information they provide here and on podcasts 

Post: BP just saved us $800!

Christopher RodriguezPosted
  • New York, NY
  • Posts 173
  • Votes 33

@Andrea W. being a pro member is so worth it.... but i am big on knowing things i am a consummate learning junkie.\\

i was curious what is a efficiencies?

and hey you guys have a plan. good thing to know Tampa is a renting type of place in Florida i will go down there. since it is the cigar capitol i hear. 

anyways keep us updated 

Post: Calling all investors 30 years old and younger

Christopher RodriguezPosted
  • New York, NY
  • Posts 173
  • Votes 33

Hello all,

Since it was a call for all those 30 and under ( even though i feel much older then my age) i am 28 looking at 29 in a couple months.  i too began looking at real estate back around 2011. and as

@Chris Milan mentioned i was lured in by a a great salesman i saw on tv. the great thing is being as stubborn as i was back then. i decided to post pone my entry and become a Realtor so that i could  know the in and outs of the business by the legal side of things as a real estate agent. so yes they aren't kidding when they say not all Real Estate Agents are the same.

but i digress i learned the hard way how muddy it is on that side of the business. but because of this i hesitated. then became active communicating with others in the business and i incorporated my LLC last year. attended a few REI Clubs. and now i am currently working on getting financing to start house hacking even though it will be a personal loan i will seek out instead of a mortgage still in the acquiring financing process.

then it's off to Pennsylvania and start doing my research and due diligence.

what i would advise many here is to check out Biggerpockets.com/ UBG which stands for 

Ultimate beginners Guide as it covers a lot of information 

Post: Buying foreclosures in Pennsylvania

Christopher RodriguezPosted
  • New York, NY
  • Posts 173
  • Votes 33

@Gilbert Ross Jr  when a person falls into foreclosure usually I believe it's two things a regular home owner or a speculative real estate investor as that is trendy now....

But I see where I could find out more, in form of the process

Which you do not want to make things awkward  with after leaving work.***

@Kai R.  your "uncle" seems to me to be the personality type of a one ESFP...... 

With this being said, it is very clear why there is a clash of opinion,outlook and most importantly approach.....

I am a ISTJ so I can understand your frustrations dealing with personality types in the FP side.... It is like talking to an ill tempered child with a tantrum. There simply isn't any reasoning. For emotions are what lies at the core of this person. For the most part it is not our strong suit. But there is hope I have used a second method to help my TJ side of my personality to better engage those with emotions. I will send you a note if interested on this approach.

I know many here have said "dump " the uncle as a business partner, which I agree. But given the nature of your personality type, you have thought of the repercussions that will follow. So this is why you decided to seek help. 

I agree with others if there is no legal repercussion due to lack of actual business transactions  and it is just the start up and formalities. Then slowly find a place of your own. Play dumb to his superiority complex of knowing what's best and allow him to assume that his way is the way this partnership will go. Right where his contracting business is going. Let him be the captain of his sinking ship while you jump on a life boat. Watching the titanic sink.

Then you can relate to the family your inexperience is the lack of the success. As to why you are leaving his home? You have a partner which you want your own personal space. Which you do not want to make things a lead with. 

Post: NJ Sheriff Sales - 3 Questions

Christopher RodriguezPosted
  • New York, NY
  • Posts 173
  • Votes 33

@Gabe D. thanks for posting as I am looking into sheriffs sales in Pennsylvania 

Post: NJ Sheriff Sales - 3 Questions

Christopher RodriguezPosted
  • New York, NY
  • Posts 173
  • Votes 33
Originally posted by @Richard D.:

Gabe, couple of thoughts. 

First, contact the sheriff conducting the sale. Ask your questions, if you need to go up there frequently and get to know the clerks. They will be more likely to help you if, they think they know you and like you. This is very important, because if you are just fly by night and not sure how interested you are in the process the clerk will treat you like someone that they know won't be back. 

Second, listings change daily. The facts are mortgages and taxes get paid. The biggest motivation most people get is the fear of losing their home. They will beg, steal, and even agree to pay exhortation fees to save their home.

Third, get the list from the auctioneer themselves. Third party lists are often inaccurate and may not be updated regularly. I know of a guy who does a subscription service to tax auctions in Texas and Louisiana, but only updates the listings every other month. (I can't stand him). On top of that, he doesn't even offer the entire states listenings ever.

Best of Luck

 He most likely does this because he may have buyers and cherry picks which are the best and the rest he leaves and not only that .... Considering the fact "investing " is trendy now most wanna be investors are to lazy to do the necessary steps  that is required to be successful 

You can't crawl if you haven't learn to sit up right......