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Owned by Nick

Commercial Empire

Private • 86 • Free

Learn how to start and scale your commercial real estate portfolio

Memberships

Avanza Academy

Public • 201 • Free

Free Vendlist Community

Private • 1.5k • Free

The Resellers Community

Private • 187 • Free

Skool Community

Public • 140.2k • Paid

Cash Flow Club

Private • 29 • Free

250 DOORS TO FREEDOM & WEALTH

Private • 27 • Free

Wholesale Real Estate

Private • 1k • Free

Flip Flop Flipper Real-Estate

Private • 592 • Free

Land Conquest - Land Investing

Private • 4.6k • Free

3 contributions to Rentals To Riches Free
Tips when Purchasing your First Property!
What do you want to invest in? There are single family homes, multi-family homes, condos, vacation homes, commercial properties such as office spaces and lodging and many more. Consider your situation and see what the road ahead will be. Weigh what heavily interests you and begin the search to find a property that will cash flow. For me, I am searching for a multi-family home, specifically a fourplex. My goal is to house hack the residence while I continue to serve in the military. How will you fund your first investment? There are plenty of conventional and unconventional ways of funding your first deal. You can take out a loan (Conventional Mortgages [30 year fixed rate or 15 year variable rate], FHA Loan, VA Loan) or aim for an unconventional method using the OPM (Other people’s money) method or perhaps a hard money loan (googling “methods similar to OPM in real estate”) will give you plenty to read upon. For me, I am planning to utilize the VA loan in funding my first investment. The property needs repairs, what should you do? If the property needs repairs, you need to prioritize building relationships with local contractors and finding out how much the repairs will run you and budgeting for that and then some. Extra is better than coming up short. Do your due diligence in finding the right contractors, speak to past customers and ask to see their past work. Quality Quality Quality, because your tenants will definitely test its durability. Do you want to manage the property or outsource to a property management company? This is a big concern for plenty of people. They are afraid of tenant nightmares where the tenants know who owns the property and will hassle them relentlessly. Do you want to be the person they go to when the property needs repairs, or deal with late payments. Outsourcing the duties to a property management company will solve these situations, but at a price. Budgeting roughly 10% of the rental income for this expenditure will be required. Now will it be a deal breaker for you, that’s a question to ask yourself. Doing your due diligence with finding a reputable PM company will be of extreme importance. Don’t be in the dark with your investment property, find a company that will communicate and get the job done in a timely manner.
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New comment Aug 16
1 like • Aug 15
@Manny Manny Thank you! Looking forward to it.
0 likes • Aug 15
@Manny Manny done
Introduce Yourself (All Intros HERE Please!)
In order to access the course you need to make 5 interactions with the group (likes, comments) - its really that easy. Start by introducing yourself to the group. I LOVE learning more about the cool people in this group and how we can help. Feel free to share where you are from, why you are here, what you do for a living, and what you makes you interested in real estate investing. Have fun here. Real estate is about meeting the right people and this is your opportunity to network! Also - don't underestimate the power of a network. Look at this network as your own. Give to others and have others give to you. It will take you a long way in the world of real estate.
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New comment 4h ago
2 likes • Aug 10
@Antonio Cucciniello Thanks! Since 2015. Started wholesaling/flipping then quickly moved to buy and holds.
0 likes • Aug 15
@Maria Carvallo Hey Maria, I am in Charleston SC, but have been considering spending summers up in Chicago, it is my favorite city. But properties are in IL, LA, OH, and GA as of right now. OH is under $2m, the rest are $10m-$20m.
Out of State Rentals
Hi Antonio, I’m so grateful for this service you provide. I’ve been soaking up your material on YouTube and other platforms! I’m curious about the process you teach for finding out-of-state rentals using the correct data points. How accurate do you find that chart? Is the data for an entire city accurate for every zip code? Also, when you add up all the points at the end, is the crime rate as important as the rent-to-mortgage ratio? Additionally, some of the data is from a year or so ago. I’m just wondering how detailed you get with this. Thank you!
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New comment Aug 15
0 likes • Aug 13
Always loved city-data.com, areavibes.com, and ol faithful google streetview.
0 likes • Aug 14
@Yosef Ruben Absolutely. Great for a quick snapshot.
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Nick Burton
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8points to level up
@nick-burton-9439
Director Of Acquisitions For Legacy Wealth Holdings

Active 3h ago
Joined Aug 9, 2024
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