For any of you real estate investors, what tools or sources did you learn from when getting started. Can’t find a mentor currently so want to find some highly recommended books or videos. If focused on the tri-state area (NY, NJ, Long Island mainly) that would be even better. My hope is to buy and rent out a apartment while also owning a house and house hacking that by renting part of it out. Trying to understand all the steps, traps, and how to find if it’s a good investment.

like
Posting as :
works at
You are currently posting as works at

Bigger Pockets, YouTube, Instagram, books, etc. - there’s a huge amount of online resources to help with this! There’s also lots of people that are glad to sell you their education or learning, but you should be able to learn enough from the free (or relatively cheap) resources to make it work.

Here’s a good list of real estate investing books: https://www.forbes.com/sites/forbesrealestatecouncil/2019/11/04/15-essential-books-to-read-before-starting-in-real-estate/

like

My network of friends has real estate investors who started coaching others, check out Zen Coast University

like

I live in NYC. I rent in Manhattan and buy in GA and AL to rent out. The cash return is much better this way.

I ask the real estate agent for recommendations. If I buy on Roofstock, they list preferred management companies, and sometimes the current property manager is one of their preferred ones. None of my investment properties I currently own are close to me. I shop online and crunch numbers and facts.

Here is my Roofstock referral link if you want to get bonus gift card when you register: https://refer.roofstock.com/mQkPs2Z

Related Posts

like

I have Moderna calls that expire on October 15 with a strike price of $300. Should I sell before S&P 500 inclusion and buy back in?

like

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

like

Hi All, I am exploring a contract position and they are offering the below. As I am new to contracting, Please suggest which one is better Option 1: $70/hr on W2
Option 2: $80/hr on 1099
I live in the Bay Area, CA if it matters.

Thank you so much !

like

For ex consultants without finance backgrounds who transitions to PE or Growth do you have any recs on podcast books to read that helped you build your PE/Investing knowledge?

likehelpful

Our company is considering offering 401K employer match. We are about 200 employees venture backed company. We have about 60% participation mostly the non HCEs and only some key employees contribute. We always pass top heavy test and wpassed the 2019 ADP/ACP test. We are aggressively hiring and project there will be increase in participation, particularly if we offer the match. Given this information would it make sense to continue with a traditional 401k plan or go with safe Harbor plan?

like

Any success stories with EB5? Who did you use? How were the investment terms? Been on H1b 9 years now and no end in sight with eb2 wait. Concerned with risk of outright fraud not 500k investment amnt.

like

Consultant making 75K. Can’t really save much after 401K and $1300 rent. Should I have more left over every month than I do? Almost $0 right jow

like

Anyone had any luck recently landing a place under $3k?

like

Any thoughts on the below mix of index funds for a portfolio? Too little? Too much?

VOO
VUG
QQQ
VGT
MGK
VIG

like

Can I do 1031 exchange with the profits from the sale of a second home into the purchase of a primary?

funny

First baby, already saving in a 529 and UTMA Brokerage for him, what else can be done? Open to ideas on how to best set him up for future success - at least financially

like

Thoughts on personal loans to consolidate Debt?

likesmart

I’m looking at a master bath renovation this year. Not moving any fixtures but more of a facelift. What are your best tips to save money?

like

Should I buy Everi stock?!

like

What do you think about the outlook for AM / HF jobs in the future? Will they continue to be there, or will they be slowly canceled by passive investing? Thinking about going into IM post MBA, but this thought is holding me down

like

My car that I purchased in 2020 has been the best performing asset I own right now

funnylike

I have $100K liquid cash over and above maxing out 401K, HSA, College fund, investments in Index funds and emergency fund. I plan to leave $25K for contingency. Of the $75K is it wise if I purchase I bonds worth $30K (myself, spouse, kid)? Current combined rate is 9.62 Does anyone foresee the interest rate drastically reducing? I don’t intend to cash them out before 5 years.

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

like

Can some of you experienced folk recommend some good books for rookies? What are your favorites for investment strategies, marketing, selling, etc.?

like

More Posts

Top Corp Dev teams: Trying to find the “top” (using this as short hand, I know it’s subjective) PE shops had a bunch of resources to use. However, there are no such resources (please share if I’m wrong!) for “top” Corp dev teams. “Top” is probably some mix of caliber of people, comp, ~prestige~, etc. let’s hear y’all’s top Corp dev teams!

like

Need 11 like to unlock dm

like

What’s the going rate for an Account Director in NYC? My current company doesn’t pay enough and want to know what’s acceptable to ask for in the interviewing process (within reason)?

EYP and Strategy& fishes, what sort of work do you do in the Life Sciences space (specifically Big Pharma)? And what sort of exits into industry have you seen your former colleagues make?

like

Anyone on bench reporting to airoli office?

like

What are similarities of product management versus portfolio project management?

like

Anyone know of current tourism or travel incentives for Europe this summer?

like

What has been the best question to ask at an interview to glean most insight into a prospective firm? I’m in L&E but would appreciate all perspectives.

like

Has anyone started a new job while expecting a child? I'm thinking about it but could use some input from people with experience.

like

I'm looking for some 6+ Figure Entrepreneurs to Interview.

I need some AMAZING and PASSIONATE guests for my podcast!🎙

like

I have $100K liquid cash over and above maxing out 401K, HSA, College fund, investments in Index funds and emergency fund. I plan to leave $25K for contingency. Of the $75K is it wise if I purchase I bonds worth $30K (myself, spouse, kid)? Current combined rate is 9.62 Does anyone foresee the interest rate drastically reducing? I don’t intend to cash them out before 5 years.

How do you rate Gitlab Customer Success team?@Gitlab

helpfullike

Mirzapur 2 - anyone else watching it ? Loving it ! The dialogues are amazing

like

CFP & ChFC looking to change firms. Currently in a bank program, but not a large portable book to bring over to the next firm. Over a decade experience and about to finish up my MBA. Currently nowhere near the income level I want to be. Any suggestions for a good program to go to for my next move?

like

Shall I disclose reason for leaving a firm during my initial call with a recruiter from said firm, if I was laid off? Are they privy to that information. Ironically being recruited by that same firm

like

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

like

Can some of you experienced folk recommend some good books for rookies? What are your favorites for investment strategies, marketing, selling, etc.?

like

I’m living in Norway and wonder if it is any remote job oppurtunities in faang? Previous experience as consultant in CFO advisory, Venture capital advisory and Data Science

like

Hi Fishes,

I have 4.6 YOE working as a Java developer with 27 fixed.

But the work here is very exhausting, favouritism.

I am planning to look for another opportunity because of this but i am not sure which companies can match my pay with my experience.

Can anyone help me on this

like

Additional Posts in The Real Estate Bowl

I just want a decent house on the west side/Culver City/Mid City area of LA, that’s less than $900k. Is that really so wrong?

Is it legal to collect the rent in a separate LLC even though rental property is not owned by the same LLC?

like

Anyone have high end STRs? If so what mattresses do you have in your rental?

Hi All, newbie here to real estate investing. I have a primary with about $180k in equity and want to A) Get a larger primary in about 12 months and B) Acquire a cash flowing rental asap. Would you try to cash out refi and buy an investment property now; cash out and rent out your current place and buy a new primary or sell your current place and try to get buy a small investment and a new primary?

like

Anyone ever invested in a real estate syndication?

like

Anyone follow samfasterfreedom on Instagram? Wondering what experienced peoples’ thoughts are on him

like

Is this a bad rate? 3.375 with 20% down on a condo in central Florida. 780+ credit score

like

To all my new construction home buyers or people with an eye for interior design. I just purchased a new build and have the ability of selecting all of the interior (floor type, carpet color, cabinets, back splash, counter tops etc.) Any advice on how to select timeless finishes vs trendy? What are things I should avoid?

like

I have over 12 years in B2B sales/sales management experience along with a graduate degree. I am wanting to shift gears and I am at a point where I can invest time in myself to learn through practical experience. The new industry I am wanting to pursue is real estate investment. I have read all the books but want some hands on experience on the property management side. How could I best leverage my skills for a role in this, and what should my expectations be for negotiation in compensation?

Due to a family situation we are looking to move to a different state. Normally we would sell our current home and buy a new home in our new location. However, with todays prices and interest, will it make more sense to rent out our current home and rent a home ourselves vs. selling and buying immediately when we move? We are moving from Vegas to Sacramento and we are not sure how long we would stay in the new area. Thoughts?

Tomorrow is a big day for me!
Made a written offer on an apartment on Sunday. Owner‘s starting price was 500k. My offer is 450k. He thanked me and we are meeting this weekend to „negotiate“. Tips?

First time homebuyer and feeling confused about basic advice on the internet about “how much house” I can afford and what down payment / credit score is required. Help? Details within

like

I have the opportunity to buy a new build in ATX for 310k at 5.625% 30 year. Should I buy it? I can either:
1) rent it out
2) sell it

It's not my primary and I don't need it to live in. The news about a housing market crash is worrying me. Any advice?

like

I’ve been thinking about getting into real estate investing. Not right now but later down the road. I’ve been trying to save up for a down payment. What are some good resources for a beginner? Blogs, YouTube, books etc I’m not looking for paid courses because I will be learning at a slow pace. Any help will be appreciated.

like

How do you remedy mild mold smell from the house? Non-visible, so it may reside inside walls or in ducts. No leakage or flooding issues in the basement.

like

What value does an HOA add for a condo in a city? I've seen costs of 900$ a month in Seattle and I don't understand it. There is no snow to shovel most small buildings don't have security or regular landscaping. Where does this money go?

I heard you need to show a net worth of 100% of the loan amount. Have you heard about this?

like

Any potential flags/benefits for dual agency? My agent and the seller's agent work for the same company.

like

Does anyone have a model they use for rentals? Buying a place and this is my first time modeling it out for cash flow etc.

like

Y’all I am struggling on these “light” home improvement projects we decided to take on with a recent house purchase. Plan was just to replace carpets, paint some walls, and replace kitchen appliances. Now added on new faucets, other bathroom hardware / mirrors / toilets / medicine cabinets / exhaust fans, baseboard recaulking and cleanup, kitchen sliding door, ceiling fan rewiring and install, window replacements… how do I rein it in?? So stressed out and we keep delaying move in. 🤯😱😭

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal