All Forum Posts by: Peter Vercellin
Peter Vercellin has started 3 posts and replied 19 times.
Post: Brand New Investor
- New to Real Estate
- Colorado
- Posts 19
- Votes 8
Quote from @Shawn Ackerman:
@Peter Vercellin Congrats on getting started. Focus on deal analyzing so that you know what constitutes a "Deal" to you. Additionally, develop some real estate metrics so that you may measure markets evenly and objectively.
As a NY'er what was important to me was 1. cost of market entry 2. price to rent ratio 3. availability of multi-family 4. ability to write my own contracts(Go off market) 5. landlord tenant laws etc......and some others.
If you plan to hold long term, think of what would be most important to this type of investing i.e
All the best!
Thanks Shawn! Is 1% still the benchmark for price to rent ratio?
Post: Brand New Investor
- New to Real Estate
- Colorado
- Posts 19
- Votes 8
Thanks Allie!
Eastern KS.
Post: Brand New Investor
- New to Real Estate
- Colorado
- Posts 19
- Votes 8
Quote from @Ryan Harrell:
Hey Peter,
Congratulations! Where do you plan on investing?
East Kansas. Daughter going to KU in the fall.
Post: Brand New Investor
- New to Real Estate
- Colorado
- Posts 19
- Votes 8
East Kansas. Daughter going to KU in the fall.
P
Post: Brand New Investor
- New to Real Estate
- Colorado
- Posts 19
- Votes 8
Quote from @Austin McClain:
Good luck! If yo plan to buy and hold, make sure you have a good property management company ready as well
Post: Brand New Investor
- New to Real Estate
- Colorado
- Posts 19
- Votes 8
Quote from @Brandon Campbell:
I love it! You are off to a good start. I'm rooting for you!
Thanks Brandon!
Post: Private Funding available for Real Estate Deals
- New to Real Estate
- Colorado
- Posts 19
- Votes 8
Andrew,
Would love to learn more about your criteria. (303) 915-5433
TIA!
Peter
Post: Brand New Investor
- New to Real Estate
- Colorado
- Posts 19
- Votes 8
Hi,
I'm brand spankin new! Not even 1 deal yet. YET. Is it crazy that I have my eyes set on an out of state market? I already have a realtor and contractor lined up. Working on lender and property manager now.
Post: New to Investing. Looking for a lender to partner with. Leaning towards hard money.
- New to Real Estate
- Colorado
- Posts 19
- Votes 8
Will DSCR lenders work with newbies? I don't have a single deal done yet. I've reached out to a few who need an experienced contractor to co-sign. Is this normal? It makes me think maybe private money to start?? Not sure.
Any advice is appreciated.
P