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

Anyone wondering what digitization and disruption of banking and lender relationships will look like? If at some point regulation allows customers to borrow directly from central banks, then will banks and buy side direct lending shops die out ?

like

What do you all think abt tesla stock? I have a few but wondering if I should sell now or keep holding

like

Is this the official Amex Fishbowl?

What percentage of your monthly pay do you invest in the stock market? Complete noob trying to get started with investing. I already max out 401k and have a rainy day find in place.

like

Thoughts on staking crypto? What’s the safest way.

like

Is it better to get credit at closing or lowering the overall home price?

seller is offering to lower the cost or give credit to fix the flooring

like

How useful are Macros and VBAs for tax prep?

like

I have got an offer based in Boblingen, Germany with 60k euro as fixed. Will it be enough for a couple with a 3 year old kid ? My major expense would be accommodation, groceries, kid’s school and transportation. Please do let me know your valuable inputs. TIA

like

General optimum age and mileage for buying a used car?

like

Help! In the final stages of closing a house purchase for $330k. Appraisal came at $311k ~6%less than the sale price. I myself planned for only 5% down on the original sale price. Contd...

likehelpful

Is it worth moving to western countries if you have a stable life in India and the household income is close to 3 lac per month?
What are the advantages and disadvantages of this move?

Hey guys - Need some advice on my allocation. Consider unclassified as VTI. I know I have a lot more cash than needed for 6 months of emergency fund. But I don’t want to invest it all in index funds..

Post Photo
like

The son of a friend is an advisor and is giving up. He has approached me about taking over his book, evidently only about $1.5M.What would be a fair amount to pay for this?

like

Good credit card to open? Thinking Amex gold - anyone have it and recommend? Or any others?

like

This AirBnB IPO is bananas. They did a capital raise at an $18B valuation earlier this year, but now magically they are at $108B?

Not touching this thing, I’ll check back in a few months.

like

I quit my job and am going back to home country. What is the fastest way to transfer $100k from the US to a country in Asia?

like

Can you still make money off of crypto?

like

What will be in hand for the below after-tax deduction?

Post Photo
like

Does it make sense for me to acquire a portfolio of small margin-rich businesses but currently in duress due to COVID? I have $1.3M liquid earning 2% in a HY savings act - offer cash to owners for eq?

like

Need a quick help
While structuring the HRA if we give max limit for eg., 20k and I have rent agreement of 7500. Will this be a problem or will I just get an exempt of 7500?

like

More Posts

Post Gif
like

Any advice about class management in a desk top computer class? My class was very loud with so much calling out for help. I tried to create class helpers but there was so much walking around. 2nd yr

So hot 💦

Post Photo
likefunny

Hello, in my previous organisation I worked in development domain (Oracle IAM Tool and Java)and my post was software Engineer, i joined Wipro as project Engineer in April 2022 and was assigned non technical project as an analyst.

I fought my way hard to get released from the project. However my designation is changed as Analyst. Should I ask for change in designation as I know that analyst is non-technical profile? Would my designation impact my future role as well?

like

Hey everyone! I’m a couple months in of trying to find a SDR role. Does anyone have any advice for interviews or just to stand out from the crowd? Any advice would be much appreciated!

like

Hi guys ,I had received call from Accenture hr regarding clearing of technical interview and she also completed hr interview.
She said regarding upload of documents I will receive a call for that but it has been one week and I haven't received anything and what is talent coach who discusses salary discussion round with you? Can anyone explain

like

What health/pharma agencies are in SF?

like

How do you professionally address a noticeable lack of diversity on your team? More than 85% of my team is white or white passing, and of the remaining individuals none are Black, Indigenous, or AAPI.

like

Today I messed up doing a delivery. The client was expecting the supplies at 3pm in the warehouse, however, there was an accident on the highway and traffic was insane. It slipped my mind to let them know about the delay. Now, they believe it was me being irresponsible and are threatening to fire me for not reporting on time and possible losing them a client. What can I do to fix the situation?

like

Saw one post in Yammer USI Kolkata grp reg. Darjeeling trip during this long weekend.
Did the plan work out? If yes, photo bhejo bhailog. 🙂

like
like

How can a i do a pic reverse search on my mobile?

like

Thoughtworks what is the typical salary band for senior consultant at thoughtworks and what is the typical appraisal range at thoughtworks ?

like

Currently at a T2, thinking about applying to an MBB . Question for you MBB 🐠 — if I have a referral and a solid resume, is it pretty much a guarantee that I will get an interview?

like

In the market for an i door exercise bike. Looking at the Proform Studio Pro 22. Does anyone here have this bike? Thoughts?

like
like

From where do the EY HRs procure the resumes?

like

Hi, I got an offer for Senior Manager position. Wanted to check if senior manager is a also people manager role? do they have any direct reportees?

like

Hello folks
I want to join Bosch India can anyone tell procedure to join the company

like

What are the best consulting firms in the capital markets and/or investments world?

like

Additional Posts in The Real Estate Bowl

Is it better to get credit at closing or lowering the overall home price?

seller is offering to lower the cost or give credit to fix the flooring

like

Whats the best website to compare neighbourhoods within your state? Combed thru Niche but looking for additional reviews of people who lived there

like

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

like

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?

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

Got a letter of default and acceleration notice from bank who repurchased my mortgage due to what they thought was mortgage fraud but wasn’t. I’m contacting a lawyer but has anyone gone through this? I know they want it off their books and suggesting I refinance but my rate will increase and they’re demanding legal fees too

like

How do you judge a low ball offer with how the market is changing? Earlier this year, you would look at comps and say this is the value. Now with rates going up and people pulling out, how do you justify the value? (View point from the buyers end)

like

Could anyone recommend some safe, affordable areas in Denver? Or a suburb around Denver?

I cant afford to live in NY anymore and need to move bc my landlord is selling the house.

I don't think I have enough time to buy a home. I have less than 2 months to move.

I think relocating is my best option and just renting something in Denver, CO or Tampa, Fla. I'm an early 30s f and would be living alone.

I would prefer a townhouse if possible, but it seems harder to find them so far.

like

Is it normal to ask condo management about move in a week before closing or after?

like

Being so young in age, thoughts on buying a 2 bedroom condo in lake view in Chicago, 170k? I'd live in one room and rent to a friend. Not expecting to cash flow due to HOAs being sky high

Anyone want to aspire and get their real estate licenses together for a side hustle?

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

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 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?

Planning to bid on a house - 1.3M, with a base salary of 210K - in Seattle.. Worth it?
Don’t have any other debt - however this expensive mortgage would take half my monthly salary (post tax)..
Really nervous

like

Anyone got a loan with Guaranteed Rate? Started looking for a condo(Chicago) and keep seeing them pop up. Looks like they charge $1290 lender fee, but wanted to see if anyone had experience with them

like

Anyone get their floors refinished? What’s the cost per square ft?

likehelpful

I'm looking into homeowners insurance for a new build townhome. Does anyone have any suggestions on providers? Thanks!

like

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?

At what point in the home buying process do you ask the builder/seller for evidence that property taxes have been paid?

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