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All Forum Posts by: German E Franco

German E Franco has started 5 posts and replied 16 times.

Post: Getting into luxury homes

German E FrancoPosted
  • Baldwin, NY
  • Posts 16
  • Votes 7

Hey Team,

I recently became an agent in the NY area and I've always wanted to be able to shoot videos of luxury homes.  Does anyone currently do this?  If so when you first started what kind of value did you present to the agents to be able to shoot inside the homes?

Id love your feedback.  Thank you!

@Nathan G. Wow that’s insane!!

@Russell Brazil wow this is great! So the higher the cap rate, the more risky the investment?

Hi BP community! I was wondering if somebody could please explain cap rates for me? I’ve watched videos and read articles but I can’t seem to understand

How do you calculate them?

When do they matter?

Thank you!

Post: Being Discouraged by Family

German E FrancoPosted
  • Baldwin, NY
  • Posts 16
  • Votes 7

@Jeff Byrne it could be that your family might be trying to protect you, without realizing they could be harming you. No matter what industry you try and pursue, family is usually the first one to discourage you. I’m sure every great inventor, entrepreneur, investor etc has had some family backlash. It really comes down to you. Are you passionate enough about what your doing that will allow you to push through the noise? What I tend to see with family is that once you succeed they’ll jump in and tell you they always believed in you

Hi guys. I was wondering, what is a non QM mortgage and how do you qualify for one?

Thank you!

Post: From teacher to 10 units in 10 months!

German E FrancoPosted
  • Baldwin, NY
  • Posts 16
  • Votes 7

@Sammy Lyon what an incredible story. Question....who is the book written by?

Post: Is this worth my time???

German E FrancoPosted
  • Baldwin, NY
  • Posts 16
  • Votes 7

@Colleen Cupp knowledge is power as well Colleen. You can always leverage that with someone who does have money, but not the knowledge. And don’t forget to tell people that you are looking for properties as well. Put it on social media, go to meetups, tell friends and family. Just the other day I posted a property on instagram and A buddy of mine was very interest. If I hadn’t posted I would’ve never known he and his partners were looking to invest. Just an alternative or another way to help find deals

Post: How do you build a team out of state?

German E FrancoPosted
  • Baldwin, NY
  • Posts 16
  • Votes 7

@Cin Suan Khai Listen to episode 257 on the Real Estate Bigger Pockets Podcast

https://podcasts.apple.com/us/podcast/biggerpockets-real-estate-podcast/id594419649?i=1000397294424

I’ve been listening to bigger pockets for about two months now and LOVE the fact that I can hear stories and network with others without someone trying to shove an expensive education down my throat. I haven’t seen this anywhere else but here. I did the survey and also trust that the great people at bigger pockets will do the right research to not get away from helping others create financial freedom by adding unnecessary info. Personal I love the addition of the business podcast!