All Forum Posts by: Nick Giulioni
Nick Giulioni has started 14 posts and replied 1145 times.
Post: New to real estate in Indianapolis
- Rental Property Investor
- Carmel, IN
- Posts 1,207
- Votes 599
Welcome to the community bud! Let me know if you need any help with Indi market - more than willing to help you get started.
Post: Buying investments at market value
- Rental Property Investor
- Carmel, IN
- Posts 1,207
- Votes 599
Depends on your goals. Not the dumbest idea in the world.
Post: Starting out with $5,000
- Rental Property Investor
- Carmel, IN
- Posts 1,207
- Votes 599
Originally posted by @Justin Bentivegna:
Hello All,
After saturating myself in "information" for the past year and a half, I would like to get my hands dirty in real estate. I live in an overpriced market and after reading David Greene's book on long distance real estate investing, I am targeting the TX, Indianapolis, FL, Ohio, markets. I would like to either BRRRR or purchase a SFR and scale up over time.
My initial struggle is figuring out financing. I have about $5k in savings. My primary residence should be able to get me a decent HELOC (not sure if I can tap into it yet). I have only been living here for 5 months but the house was appraised very high and I bought it at a great price. Keep in mind I live in New York (expensive market).
I am also open to hard money lending. Looking for any advice or suggestions.
Thank you!
How liquid are you aside form that 5k?
Post: Indianapolis Investor Agent
- Rental Property Investor
- Carmel, IN
- Posts 1,207
- Votes 599
Post: Newbie in Indianapolis, IN
- Rental Property Investor
- Carmel, IN
- Posts 1,207
- Votes 599
Originally posted by @Megan Ann Nagel:
Originally posted by @Nick Giulioni:
Hey - welcome to the community. Hit me up if you ever want to chat!
Thank you so much, I may just take you up on that!
Sounds good! Love helping people to not make the same mistakes I did. :)
Post: Newbie in Indianapolis, IN
- Rental Property Investor
- Carmel, IN
- Posts 1,207
- Votes 599
Hey - welcome to the community. Hit me up if you ever want to chat!
Post: Indianapolis brrrr red flags
- Rental Property Investor
- Carmel, IN
- Posts 1,207
- Votes 599
Originally posted by @Jason Malabute:
Originally posted by @Nick Giulioni:
Any house can be a deal depending on the discount. Foundations tend to be spendy though.
Thats the vibe that I'm getting by talking to investors is that foundation issues are a deal breaker.
Potentially a big deal breaker. I'd get a quote to repair before writing off. Other investors might be scared away of something that might "only" be $15k.
Post: Living in LA and investing in Indy
- Rental Property Investor
- Carmel, IN
- Posts 1,207
- Votes 599
I would be interested. Investing from Bay Area but from Pasadena.
Post: Indianapolis brrrr red flags
- Rental Property Investor
- Carmel, IN
- Posts 1,207
- Votes 599
Any house can be a deal depending on the discount. Foundations tend to be spendy though.
Post: How can I get to $4,000 a month in 5 years if you had $100,000?
- Rental Property Investor
- Carmel, IN
- Posts 1,207
- Votes 599
Totally achievable - but it takes a TON of hard work.