All Forum Posts by: Vincent Dicristo

Erica Galusha thank you, I just ordered that book from Amazon and I will read it as soon as it arrives! I will make sure to do that as well with the financial advisor, thanks for the tips! They are greatly appreciated.

Jon Holdman I see what you're saying, but I plan on living with my family for maybe another year or two until I'm earning a steady income to the point where I could be living on my own and still be earning a profit after paying my bills. So for the next year or two I'm not going to be spending a lot of money in terms of living expenses. (I wouldn't even say 15k a year) so if I managed to get a 10% return that would be an 85k profit a year which could go right back into being invested. On top of the countless hours I want to spend looking for amazing deals on houses that I could turn into a flip.

Karen Margrave thank you very much, I will look into a financial advisor.

I understand where you're coming from in terms of me publicly saying that stuff, but I'm not going to listen to any of those offers you're referring to, I'm just simply coming here to learn and to listen to the advice I'm being given. Thanks a lot for your opinion, but are you telling me that it's not possible for me to invest that money into real estate and make a good career out of it? I'm willing to dedicate myself to learning everything there is to know, is that not enough? I don't think that is a lot of money to live my whole life with at all, that's why I want to invest that money and maintain a positive income until it turns into a lot more money.

I understand where you're coming from in terms of me publicly saying that stuff, but I'm not going to listen to any of those offers you're referring to, I'm just simply coming here to learn and to listen to the advice I'm being given. Thanks a lot for your opinion, but are you telling me that it's not possible for me to invest that money into real estate and make a good career out of it? I'm willing to dedicate myself to learning everything there is to know, is that not enough?

Hi, I recently turned 18 years old, live in NJ and I'm looking to become a full time real estate investor. I'll tell you guys a little about myself and my current financial situation. I found out about real estate investing from my step dad who has flipped two houses himself. He owns both a construction & painting company, so he's great with being able to renovate places and doesn't need a contractor for anything so he'd be willing to help me if flipping houses is the route I choose to go. My father passed away coming up on two years ago in August from a car accident, where a highly intoxicated driver hit him from behind going approximately 90 mph. Why is this relevant to this topic? It's because he was overserved alcohol by Carrabbas and there's a lawsuit and I can personally be getting anywhere from a $500,000-$1,000,000 settlement.(that's after the lawyer fees) The settlement date is in September and I'm looking gain as much knowledge as possible beforehand about real estate investing. So I have a few questions I'd like to ask if anyone would be willing to help me. What route should I go based on the current amount of money I will be receiving? Should I buy a house out right and rent it out for a sizeable cash flow? Should I also flip another house at the same time as doing that? Should I start whole saling instead? I'd really appreciate anyone who could tell me what they'd do in my current situation. Also what are some great books I could read to gain some knowledge on real estate investing? Thanks in advance! (by the way my name is Vincent and I'm looking forward to becoming an active member on this website!)