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All Forum Posts by: Stephen Chatto

Stephen Chatto has started 70 posts and replied 417 times.

Post: 4-Plex in Trenton NJ - 100% Occupancy - 10.5% Cap

Stephen ChattoPosted
  • Rental Property Investor
  • Yardley, PA
  • Posts 436
  • Votes 198
Originally posted by @Rohit Parchuri:

@Stephen Chatto I am interested, if still available can you contact me @[email protected]?

 Email Sent

Post: VERY EDUCATED 17 YEAR OLD WHOLESALER!

Stephen ChattoPosted
  • Rental Property Investor
  • Yardley, PA
  • Posts 436
  • Votes 198
Originally posted by @Donovon Rogers:

Hello everyone on BiggerPockets,

My name is Donovon Rogers and I want to introduce myself to everyone on the BiggerPockets cyber world. I am 17 year old wholesale investor who wants to wholesale 48 properties in a timespan of 2 years (24 months) so I can acquire enough capital to start building a rental empire on the east coast. My birthday is in TWO days (Aug 10th) so I'm excited to get ready to start making deals and taking a hold of my life at my age! I do have a partner who is 19 and has experience with one house flip in his life and we complement each other very well because we have a competitive drive to be the best and it works for us lol. Personally my reason for choosing real estate is because the possibilities are endless. I want to use real estate to first achieve financial freedon but I am from New York but I currently live in Delaware and I am very motivated to used this path to build libraries in every boroughs to help kids obtain primarily a financial education but to also have programs set up that will get them motivated to self educated themselves by reading informational books. I am currently looking for people who do real estate in New Jersey and Upstate New York because my partner and I need to move into other states so we can accomplish 48 wholesales because Delaware is too small. I am very appreciative that I've found BiggerPockets and I love the enthusiasm that perpetuates everyone to keeping building in real estate!! I am really can't wait to turn 18 and start this journey but I wanted to let everyone on BiggerPockets know that I exist because I will be around for a longtime building my portfolio to be bigger then Grant Cardone who I do respect very much but I know no one is better then me when I'm motivated and right now I'm DRIVEN! But that is it everyone.

Thank you for everyone who took the time to read this!

 Donovon, I do deals in central NJ.  Let me know if you get any deals!  

Post: Looking To Network With Other Central Jersey Investors

Stephen ChattoPosted
  • Rental Property Investor
  • Yardley, PA
  • Posts 436
  • Votes 198
Originally posted by @Nick Daniele:

Hello everyone,

This is my first post as I am new to Bigger Pocket. I am fairly new to the investing game and have been educating myself for the past couple months. I am interested in networking with investors all over New Jersey, Agents, wholesalers, and anyone else in the game! I would love to hear about others past experiences and learn more info about the market that you are/have been in. Anyone you recommend (Attorneys, Closing Agents and anyone else). Also, any information about your markets and what opportunities you have found that helped accelerate you and your career.

A little bit more about, I am a recent graduate of Centenary University in New Jersey. I played baseball there for 4 years and have always been interested in the real estate field. Upon graduating I told myself to just go for it and here I am :). Feel free to connect with me and/or message me, I would love to talk and any info is greatly appreciated.

Nick Daniele

Nick!   Morning man!   Welcome.   I am based in mercer county.  There are a lot of good meetups in central NJ.   So stop by and join the fun!   PM Me if you want the link to my meetup, and the other ones I would suggest!  Thanks

Stephen Chatto

Post: CONTRACT RESALE NOTE

Stephen ChattoPosted
  • Rental Property Investor
  • Yardley, PA
  • Posts 436
  • Votes 198

Is the contract assignable?  Is there any language about it having to be purchased by a 1st time Home owner?

Post: Tenants in Trenton, NJ?

Stephen ChattoPosted
  • Rental Property Investor
  • Yardley, PA
  • Posts 436
  • Votes 198

Sometimes the GOLD in land-lording is picking the RIGHT tenants from the get go.  Do the back ground checks, call the previous "Landlord", Call the Employers etc etc etc....

Post: Tenants in Trenton, NJ?

Stephen ChattoPosted
  • Rental Property Investor
  • Yardley, PA
  • Posts 436
  • Votes 198

I am going through an eviction right now.   The process in Mercer County is Very Fair.   The didn't pay July and I should have them out this week or next week.  (This is an inherited tenant).  They are applying for a hardship stay.   And that means the judge will let them stay if they get 100% caught up on rent.   

Post: 4-Plex in Trenton NJ - 100% Occupancy - 10.5% Cap

Stephen ChattoPosted
  • Rental Property Investor
  • Yardley, PA
  • Posts 436
  • Votes 198
Originally posted by @Mike B.:

@Stephen Chatto are these section 8 tenants or??

 They are cash paying tenants

Post: Looking for meet ups in New Jersey!

Stephen ChattoPosted
  • Rental Property Investor
  • Yardley, PA
  • Posts 436
  • Votes 198
Originally posted by @Steven Ortmann:

I have tried to use the Event's meet up page but it appears that the only meet ups near the New Jersey area are in New York. Does anyone know any meet ups happening in New Jersey?

 We have a meetup we run.  The meetup is actually tonight in Trenton NJ with a speaker discussing Tax Liens  

Here is a link to the post:https://www.biggerpockets.com/forums/521/topics/469212

Thanks, 

Stephen Chatto

Post: 4-Plex in Trenton NJ - 100% Occupancy - 10.5% Cap

Stephen ChattoPosted
  • Rental Property Investor
  • Yardley, PA
  • Posts 436
  • Votes 198

Mohammad, it is still available.  give me a call. Steve

Originally posted by @Mohammad Farooq:

Hi @Stephen Chatto

Is the 4plex available and is possible to schedule a screening? 


Best, 

Mohammad 

Post: 4-Plex in Trenton NJ - 100% Occupancy - 10.5% Cap

Stephen ChattoPosted
  • Rental Property Investor
  • Yardley, PA
  • Posts 436
  • Votes 198
Originally posted by @Angel Vargas:

@Stephen Chatto

Is this already a turnkey or is the 15k an estimate of repairs needed.

 15k is an estimate of repairs that you probably want to get done (Mostly External).   But it is Rented and Cash Flowing.