All Forum Posts by: Elio Campiolo Jr
Elio Campiolo Jr has started 3 posts and replied 55 times.
Post: Southern Connecticut Investor meetup!?
- Rental Property Investor
- Stamford, CT
- Posts 60
- Votes 33
There's a meetup in Fairfield once a month, if I'm not mistaken, organized by @Jonathan Makovsky. I haven't had a chance to attend yet, but plan on doing it in the upcoming months.
Post: Note Investors - 2018 Conference Schedule
- Rental Property Investor
- Stamford, CT
- Posts 60
- Votes 33
Originally posted by @Steven Perre:
I just discovered the world of Notes in the past 4 days and since I've been watching webinars, audiobooks, podcasts and I am blown away by what I've learned. I am debating between signing up for Vegas or just going over the 2017 symposium at a 50% discount on last years price. My thinking is how different could things be from last year to 2018. Either way I will continue to learn and network. Just wanted to say thank you for sharing your thoughts and knowledge. I'm hoping to purchase my first note in the coming months. Preferably in distressed areas where I can possibly help people stay in their homes and turn a profit.
I would definitely go to the 2018 live event. Learning remotely is great, but there's nothing like being in a room full of like-minded individuals, specially ones with tons of experience. The networking opportunities at these events are priceless.
Post: Show me the math! Is this worthwhile as a side hustle?
- Rental Property Investor
- Stamford, CT
- Posts 60
- Votes 33
Originally posted by @Noel R.:
Originally posted by @Elio Campiolo Jr:
@Noel R. I'm not sure where you're getting 6% from, but 240 months of a $880.89 payment at a $65,000 purchase price will give you approximately a 15.5% return.
Help me with some math. If we take P&I and multiply by 12 payments then divide that number by our investment we will get yearly ROI? Which is about 16%?
I like using Excel and I use the "Net Present Value" function to solve these types of "problems". You can also use a financial calculator, as Tracy mentioned above, that's probably a quicker method.
Post: Show me the math! Is this worthwhile as a side hustle?
- Rental Property Investor
- Stamford, CT
- Posts 60
- Votes 33
@Noel R. I'm not sure where you're getting 6% from, but 240 months of a $880.89 payment at a $65,000 purchase price will give you approximately a 15.5% return.
Post: Book recommendation on note investing?
- Rental Property Investor
- Stamford, CT
- Posts 60
- Votes 33
Invest in Debt by Jimmy Napier is a classic. Another worthy mentions are Turning Distress into Success by Fuquan Bilal and Performance Anxiety by Gordon Moss (this one heavily focuses on 2nds).
Post: Who is attending the 2017 Papersource Symposium
- Rental Property Investor
- Stamford, CT
- Posts 60
- Votes 33
I will be there and I'm very excited for it. I'm new to the business and still looking for my first note.
Post: Best notes to find/lists to purchase
- Rental Property Investor
- Stamford, CT
- Posts 60
- Votes 33
Hi @Account Closed, I'm also getting started in notes, and I'm also in Norwalk, CT. Feel free to reach out if you ever want to discuss anything about the business. It's rare to see a note investor around this area (or so I've found).
Post: Seeking Investor friendly accountant
- Rental Property Investor
- Stamford, CT
- Posts 60
- Votes 33
@Ted Lanzaro is who you're looking for. He's both a CPA and a real estate investor.
Post: My Favorite Things About Notes
- Rental Property Investor
- Stamford, CT
- Posts 60
- Votes 33
This picture is going to hunt me now, I just saw it on LinkedIn, and now here too! lol
Post: Where To Find Education On Notes
- Rental Property Investor
- Stamford, CT
- Posts 60
- Votes 33
The Google tutorial is priceless lol