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All Forum Posts by: Ronny Tiburcio

Ronny Tiburcio has started 65 posts and replied 242 times.

Post: Newark NJ multi family investinf

Ronny Tiburcio
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

What kind of property are you looking to get? An A,B,C, property. I ask because when i was looking over there, i realized that a lot of the properties were renovated with the idea that someone with Section 8 will live there. Nothing wrong with that but because i was looking for my first property, i decided to find a B+ property even though it was less cash flow, it was a better way to start for me. @Nestor Rosero

Post: Looking for an REI mentor from NJ or nearby

Ronny Tiburcio
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

Hey we host a meet up in Staten Island and most of us, including me own property in New Jersey. If you are interested, send me a message. @Tiffany Milan

Post: Staten Island Meet and Greet #11

Ronny Tiburcio
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

Hey guys, we are having our 11th meet up. The people attending these meet ups consistently are all making a lot of progress in their real estate careers. I highly recommend this meet up to anyone interested. See you there.

@John Spina jr, @Ryan Saulle 

Post: First small multi family

Ronny Tiburcio
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Rahway.

Purchase price: $405,000
Cash invested: $20,750

2 family home in a hot Rahway Market. The home features 3 bedrooms, 1 bathroom in each unit. 4 car garage with a garage. Property also has a pretty big back yard.

What made you interested in investing in this type of deal?

I needed a place to live so why not house hack.

How did you finance this deal?

I used a Conventional loan. Put 5% down with no PMI.

Lessons learned? Challenges?

I learned that even though you pay 3 months ahead of property taxes to escro, you still have to make payments for the property taxes.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I strongly recommend anyone buying or selling a property in Rahway New Jersey to work with Jorge Casalins

Post: Staten Island Meet and Greet #9

Ronny Tiburcio
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

Sounds good. We have one every month so I will tag you for the one happening in December. @Mitchell Degroat

Post: Staten Island Meet and Greet #9

Ronny Tiburcio
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

Hey guys and welcome to our 9th meet up. I strongly recommend this meet up for who ever is interested in real estate in Staten Island or New Jersey. We have great guys that come in every month and share what they are doing to progress in the real estate world. Hope to see you there. If you have any questions, feel free contact me at any time. 

Post: Staten Island Meet and Greet #8

Ronny Tiburcio
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

Good to hear. See you soon @John Dreher

Post: Staten Island Meet and Greet #8

Ronny Tiburcio
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

Yeah man. If you have any questions about it, feel free to contact me. @Nauman Shah

Post: Staten Island Meet and Greet #8

Ronny Tiburcio
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

Hey guys, come and join @John Spina jr@Ryan Saulle, and me for our 7th meet up. Hope to see you there.

Post: Staten Island Meet and Greet #7

Ronny Tiburcio
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

@Mark Buford we will be meeting at 4029 Hyland Blvd Staten Island New york 10308 on Saturday October 13th from 12pm to 2pm.