All Forum Posts by: Joseph Gambino

@Deep Johal thanks for the welcoming!

Marlon Fong thanks for the links! Will definitely put them to use.

I live in southern Alabama near Gulf Shores/Orange Beach area. Our county is top 10 in the nation for growth and tourism. There are a lot of multi families throughout the area. Most vacation rentals but also a lot for local tenants. Hot and Humid, but there is the Gulf or Mexico to cool you off!

My name is Joseph Gambino, I’m new to BiggerPockets but have been listening to the podcast for awhile now. Try to get atleast two episodes in a day. I’m closing on my first deal in Fairhope, Alabama. Fairhope is a high end community, expensive, and touristy. My family owns a small restaurant doing $1mil+ a year in the heart of the town (local population 14,000 give or take). Small cottage, 598 sqft, getting it for $63,500 (was listed at $72,500) with seller replacing the whole A/C system (compressor, condenser, air handler, furnace, heat pump) and him paying all my closing cost. Looking at $415 for mortgage and should be able to rent it for $750. I can put myself around in the greater Mobile, AL area. Ready to learn and eager for more deals. Looking forward to meeting as many of you as I can, thanks!