All Forum Posts by: Joe Capobianco

Do you have any property managers or do you do everything on your own?

I was looking to start investing part time and not sure how difficult it is part time and if there's different types of investing better for part time. I was planning on starting with a duplex and rent then buy more properties but I would like to hear from part time investors or anyone who started part time if renting properties would work well part time or would it be less stressful flipping properties or wholesale. And on a weekly basis how much time did you put into investing part time.

This investor was also getting the home for no money down. Is this an easy task for antone or do you need to first build relationships with the brokers so they can trust you to do this?

No I understand that. I was thinking he literally bought it from the broker fixed it then sold it right back to them and made money. Thanks this helped

I was watching a video but i think it was out of date since it was in the early 90's and was confused as to what the mans method of flipping and making money was. He specifically said when talking to a real estate broker how words were, "I'm looking for homes that need cosmetic rehabbing, and have a lot of equity in them. I will buy these properties, fix them and re-list them with you." I understand the whole cosmetic rehabbing but was confused once he said he wanted to re-list it with the broker. He can buy the home from the broker, fix it up then sell it back to the broker? Anybody understand what I'm saying or am I making no sense at all.

Besides saving money, building credit was another priority before I buy a property. I was thinking paying my credit card bill on time every month was a good safe way to build credit. But since I started working full time my friend keeps nagging me to buy a car saying its the best or only way to build credit. I don't want to buy a car unless its absolutely necessary because I'm trying to save as much money as possible in order to buy my first property. Any suggestions if my plan will work or my friends is better or maybe we are both stupid?

My names joe and I'm 21 years old and was very interested in real estate investment when my cousin brought it up to me from his success. I'm trying to learn as much as I can now so I can start buying within the next ten years because im in the hvac field and not looking forward to this being my main source of income considering its not a top notch career. I was wondering from anyone with experience if what my income from my full time job has a huge impact on my success in the investment world. I know doung hvac i wont be making six figures an currently my cousins full time job he is making that kind of money not counting the homes he owns. so i was wondering if im in over my head trying to get into real estate investment or does this just mean i need more time to save money.also, My cousin was saying to start off it would be good to buy a multi family home. I had no problem with that but I'm reading about 3.5% on a down payment and he was telling me to put a 20% down payment on what I'm buying. Can anyone help me out with what would be a better choice?