All Forum Posts by: Peter Testa

Hi everybody!

I am trying to get some advice on what my next move should be. Last year in January of 2017 I bought a house in Ruby Hill, Denver for $227,000.

Spent a year doing renovations but now the house in brand new! Reno cost about $25K all on zero interest credit cards.

House is now worth ~$300,000. I am ready for my next move but not sure what it should be! I have all kinds of tools, contractors, and skills I’ve acquired in the last year. I could do a flip like this again in half the time for half the money.

The issue is capital. I still have a good chunk of debt to pay off and am still kind of scared of hard money. I live in this house so renting it out is not an option yet. Should I try wholesaling? Should I partner with someone? Should I become a project manager for other investors?

Would love some direction from you guys. Thanks!

I too have a similar skill set and am mid reno now in Denver. Looking to move to NH though...

I have been reading and researching for about a year now. I'd like to get a property under contract and renovate/repair it. Unfortunately I do not have access to much capital, however, I am able-bodied and can perform cosmetic repairs, and will be moving up to heavier stuff once I can get more exposure to it. I do have pretty good credit (750-ish), and time/energy to research and do legwork. I have my Master's in Geography so I am pretty familiar with location based aspects of Real Estate investing such as comps, neighborhoods, land characteristics, etc. I'm also strong in GIS and Cartography. 

Hi everyone. 

My goal for 2016 is to make my first investment in Real Estate. I'm located in Seattle and would like to find a property in the area. I'm also interested in partnering with someone who could potentially show me the ropes a bit. Any advice or guidance is much appreciated. I'd like to either flip a property or buy and hold/become a landlord. Thanks guys. 

Peter