All Forum Posts by: Matthew Laggis

@Lesley Govan Thank you! Same to you as well. I see you are from Bridgeport as well. Would love to connect!

@Craig Bellot That's awesome Craig, congrats on the 6 unit. Im very interested in starting off house hacking in Bridgeport to start off. Get some landlord experience while working wholesales on the side till I can step into rehabs. Thanks for the info, would love to connect with you!

@Vivian HernandezThanks Vivian, best of luck to you!

I just read this whole thread and as a newbie myself, this has done wonders and really puts things into perspective for me. It looks like you are on the right track. I have always been told, consistent massive action will bring you the success you are looking for. One thing I really took from this is the emphasis you put into networking and attending meetups. This is something I will have to take more seriously. I am excited to see how this rehab turns out! 

One question, curious as to why you would not wholesale this property in order to ramp up marketing dollars to increase the leads coming in. I get where you are coming from for a rehab and commend you tremendously, but I could see how a quick 5-10k from one wholesale could quickly turn into 50 or more which could be used for other funding like rehabs.

@Claudio Golia

Welcome back! Just curious as to why you are straying away from SFR and have a more focus on multi's and condos?

@Erin Kelly

Personally, I think having investors set up first will make your life easier in the end. Once you have a potential deal, even before the contract gets signed, you could already have an investor in mind that would LOVE the property. From there it's one phone call away from a quick check. On the other hand, some people say if you have a true deal, the investors will come..which is true. To each his own, but I like to have my list of investors to market to before I have my deal. 

Happy Investing!

@Christopher Johnson

Awesome start Chris! Gathering a solid crew of investors will be a great pipeline for your business. Now to gather sellers to connect to them is another challenge! 

Bandit signs are a great, and cheap, way to generate leads. By putting them out on a Friday and picking them up on Sunday, it will avoid city workers from taking them down. 

You could also put out flyers at your local home depot, lowes, hardware stores etc. Give out business cards and put them up on local grocery stores, laundromats, barbers, etc. Post up craigslist ads on a consistent basis. Speak with contractors, other wholesalers, agents, call FSBO and For Rent Signs. Marketing!

Get your message out there! Speak with everyone, shake some hands and let them know what you do and that you pay a cash referral fee for a closed deal! 

If you have a little more money to spend, direct mail seems to be a go-to. Pull a list and create a marketing campaign to directly target the areas you want to focus on. 

Good luck!

Hey guys! I am new to REI and I am going to try my very best to make it. Would love to opportunity to meet you all and learn as much as I can!

All the best,

Matt

@Liz Cresci@Joel Gabelman@Eric Porter Thank you for the welcome! 

@Grant Greene Can't thank you enough for this great advice. I overlook the financial side and tend to think that "I will figure it out later" mentality. This really opened up a whole new view and will SAVE me down the road. Thank you much. 

@Tom Stott@Tony VelezThank you for the Welcome Gentleman. Feel free to drop me a message. Would love to connect. Enjoy your stay in Guilford Tom.  

Welcome Jordan! I am also from CT. Be sure to check out the countless hours of information on the "Learn" tab. That will be much more useful than your seminars. 

Keep in touch. 

Whats going on guys?? Just want to shout out my CT people for holding it down. I am fairly new to the area of Bridgeport as I just moved a few months ago from Guilford. I am eager to get my REI career started and I just figured I would drop a intro in our very own CT sub.

I have not started my investing career yet but I am currently building a buyers list, setting up my attorney with contracts, and getting my marketing campaign in check. The leap will be soon! I am looking to wholesale properties to start in order to gain some capital for rehab and flips. Eventually start acquiring rentals as well. If you are in the area, drop me a line, I would love the opportunity to network and talk RE with like-minded people!! Thanks for reading, now go kill it out there. 

Matt