All Forum Posts by: Vania Castillo
Vania Castillo has started 17 posts and replied 132 times.
Post: How can I make money with $5k-$10k in real estate?

- Investor
- New York City, NY
- Posts 137
- Votes 50
You could also partner with someone you trust and that has the same goal that you have and invest together with that person. You can also find a good deal and bring it to a money partner, if you are willing to work hard, hassle and have the time. Having some skin in the deal will help when presenting your plan to possible money partners.
Other option is to invest in Tax liens. That is how I got my start although it has become very competitive these days and you need to learn the basics.
Post: How to Advertise Rent by Room???

- Investor
- New York City, NY
- Posts 137
- Votes 50
Hi Consuelo,
I have been successful renting and finding rooms using craigslist.org.
I hope that helps!
Post: Out of state rental properties. Where to start??

- Investor
- New York City, NY
- Posts 137
- Votes 50
Hi Amy,
I suggest you get the book "Long Distance Real Estate Investing" by @David Green to educate yourself better and gain confidence in this particular type of investing.
I hope that helps!
Post: Roommate search for extra condo bedroom

- Investor
- New York City, NY
- Posts 137
- Votes 50
@Jeremy Warren. Congratulations in jumping in!!
I support your decision to separate business from your personal relationships by no renting to your friends for now.
My suggestions are:
-Make all your applicants fill out an application
-Verify...verify and verify references. I can't stress it enough.
Good luck in your journey!
Post: Self Directed Ira's--Too many to choose from

- Investor
- New York City, NY
- Posts 137
- Votes 50
Hi Rebecca,
I have a Self-Directed IRA account with Equity Trust Company. I have not had any problems to fund my investment, although they are very strict and every document has to be right. Their customer support is very good and assigns a staff person to help you/explain you when there is any problems with documentation and guide you to fix it. They want you to fund your investment! They charge an annual fee that is based on the value of the account (I wish their fee would be less). There are fees for other transactions, although I have not need to pay for anything else since working with them. Your tenants or borrowers can pay online at no cost to you or them and the money shows immediately in your account. This is a new feature and I love it.
The other account that gives you more autonomy, but also more responsibility is a self-Direct 401K that Sense Financial helps you to set up. In order to qualify for this account, you must have your own business, it can be a side hustle. I'm attaching information about this in the following link: https://clients.sensefinancial.com/solo-401k/bank-account-set-up/
I hope this is a good start in your research!
Post: What is a good book that discusses an abundance mindset?

- Investor
- New York City, NY
- Posts 137
- Votes 50
@Mitchell Rusten. Hello Mitchel: Check "Secrets of the Millionaire Mind" by T. Harv Eker
Post: New agent looking for some recommendations.

- Investor
- New York City, NY
- Posts 137
- Votes 50
Kristopher,
A key element to success
in life and R.E. in particular is patience and persistence!
Keep at it and don't give up. That is the difference between some one who is successful and someone who is not.
I suggest you to get the book "SOLD" by David Green. He is even a very successful agent in California. Check out the book!
Best wishes!
Post: Room Renting Companies

- Investor
- New York City, NY
- Posts 137
- Votes 50
@Nicholas Alves. My bad. The name of the site is craigslist.org, not .com.
Post: Room Renting Companies

- Investor
- New York City, NY
- Posts 137
- Votes 50
Hi Nicholas,
I would also advertise on Craig'slist.com and depending on the type of rooms you are offering, I will consider nurses throughout rnnetwork.com.
I hope it helps!
Post: Best Book Recommendations

- Investor
- New York City, NY
- Posts 137
- Votes 50
Hi Joseph,
Have you read "Sold" by David Green?