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All Forum Posts by: Michael Peralta

Michael Peralta has started 22 posts and replied 37 times.

Post: Pre-approved and Afraid

Michael PeraltaPosted
  • New York City, NY
  • Posts 37
  • Votes 1

Hi BP Community,

I just been pre-approved for 250-275K and I am afraid of investing in the wrong property (and being out the "game")

I am looking for a multi-fam home (owner occupied) that I could obtain decent rental income. Is it possible for you guys to provide me with 3-4 affordable towns in NJ that I should invest in? 

Thank you in advance,

Mike

Post: Part-time Real Estate Careers

Michael PeraltaPosted
  • New York City, NY
  • Posts 37
  • Votes 1

Hi BP,

I haven't conducted my first deal yet but, I am looking for ways to increase my monthly cash flow and reduce my Income to Debt Ratio. As a result, I wanted to take on a second job as a way to obtain real-world real estate experience and increase my monthly cash flow. Therefore, I wanted to ask the BP Community are there any roles in real estate that could be done part-time?

Thank you in advance BP Nation,

- Michael

Great point George. Is there any real estate occupations you recommend I look into that could be done on a part-time basis?   

Michael Lee thank you Michael!

I haven't conducted my first deal yet but, I am looking for ways to increase my monthly income. I have the idea of obtaining my real estate license in New York or New Jersey to work part-time as a real estate agent. Since I am a newbie investor, I wanted to get your thoughts on the questions below:

  • 1 - Should I obtain my real estate license in New York or New Jersey?
  • 2- Is it worth it to obtain my real estate license since I'll be working part-time only?
  • 3 - Is there any common side jobs you see among other investors?

Thank you in advance BP Nation,

- Michael

I haven't conducted my first deal yet but, I am looking for ways to increase my monthly income. I have the idea of obtaining my real estate license in New York or New Jersey to work part-time as a real estate agent. Since I am a newbie investor, I wanted to get your thoughts on the questions below:

  • 1 - Should I obtain my real estate license in New York or New Jersey?  
  • 2- Is it worth it to obtain my real estate license since I'll be working part-time only?
  • 3 - Is there any common side jobs you see among other investors?

Thank you in advance BP Nation,

- Michael

Post: Newbie needs Newbie Starter Kit

Michael PeraltaPosted
  • New York City, NY
  • Posts 37
  • Votes 1
Hi BP Community, I am in the process of purchasing my first home soon and was wondering if anyone could provide me with the following: · Sample business plan · Real Estate Analysis Spreadsheets My goal is to obtain real estate in the NJ area (via house-hacking) and someday invest out-of-state. I need a business plan to transform my strategy into action and become a real investor like you guys (& gals)! Thank you in advance, Michael Peralta
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