Chris Viglietta

Chris Viglietta

Rental Property Investor

Los Angeles, CAMember since 2015

About myself

I work full-time as a digital marketer and media buyer, which basically means I buy ad space online, manage campaigns, and drive ROI for various businesses, products, and personal brands on the Internet. In addition to digital marketing, I operate a production studio that produces and edits digital video content for businesses formatted for every major online platform (Facebook, Instagram, Youtube, Twitter, etc). It's 2018, and brands realize they need digital video to build brand awareness, drive online sales, and have their voices heard in a world of 24/7 communication. The problem is that many businesses can't afford to hire a couple full-time employees on payroll-- not good ones at least. My production studio solves this costly problem as your outsourced production studio. Previously, I worked as a LO at a real estate investment company personally originating $1.5M / mo in private / hard money loans. During this time, I cut my teeth on the grindstone and learned a great deal about the real estate industry. The mortgage business is tough and I learned that it was not for me. I knew I wanted to invest my money INTO real estate, but not earn my money FROM real estate. So, I focused on digital advertising-- media buying, video production, and graphic design. Ever since then, I've focused my time and efforts on building my own businesses and saving money for my first down payment. Real Estate Goals: 1. Save $25,000 for my first DP by July 1st, 2019. 2. Buy first value-add MF (2-4 units) in LA by DEC 2019 and flip it for a profit within 3mo. Quit W-2 Number: $4,200 / month by 2019. 3. Reinvest profits into a value-add (16 units) MF that cashflows at $200 a door, or a 32 unit that cashflows at $100 a door by June 2020 and flip it for a profit within 6 months. Early Retirement Number: $6,700 / month by 2020. 4. Reinvest profits into a 64 unit MF that cashflows at $300 a door, or a 104 unit that cashflows at $200 a door, or a 208 unit that cashflows at $100 a door. Hold. Financial Freedom Number: $20,000 / month by 2025. 7. Sell portfolio and use as a downpayment for a $10M+, Class A asset, (NNN) by 2030. Currently Seeking: I am looking for the following property in Los Angeles, California: - off-market. - 2-4 units. - value-add opportunity. - owned by a mom and pop. - needs TLC.

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Active over 6 years ago

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