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

Is the international real estate market as booming as the US?

like

How do you renegotiate your commission rate on TD Ameritrade and it’s platform ThinkOrSwim? Is this requested online or do you have to call in? Does it have a decent success rate? Im at the original .65.

like

Do you think house prices in NJ will go down/up? Thinking of buying a house in 9-12 months and saving. What % is a good down payment? (First time home buyer here)

like

Why would you ever want to rollover your 401K into an IRA? It seems like doing so would essentially prevent you from successfully being able to do a IRA to Backdoor Roth IRA conversion due to the pro-rata rule. Am I missing something? Wouldn’t you always want to just rollover your old 401Ks to your new 401K?

like

Do we have tax calculator in tcs

like

SPY 200 by year end

like

Do you think someone who owns 200 ETH is financially independent?

Hi Fishes !
What are your thoughts about investing in reliance power for long term !
I'm a newbie in stocks .
Any suggestion will be appreciated !

Anyone know of any standards, or have any opinions, on naming in-house counsel as a named fiduciary of their company's 401k plan? Pros and cons?

like

Can we increase the Hra amount while filing the return?
I have paid lumpsum amount to my parent as the rent.

Wise to have a joint account with your SO, especially if you are making significantly more? He's pushing for it, and is pretty good with his money.

like

When to buy back in to triple leveraged etfs 🔮

like

Is buying into the VIX the best way to hedge for a mkt downturn?

like

I broke through the wall in 2020 and feel like I blinked and it is 2022. I have been saving something close to 75% of my take home and dumping into ETFs. I feel like I want to branch out into real-estate but never lived anywhere more that 3 years. What would you do? I have cash to put a large down payment to avoid the high rates but am scared I have no roots and will move in another few years.

Post Photo
likeupliftingfunny

Any loan facility available in BOA

like

What are the best ways of tax exemption

like

Any Deloitte people trade on robin hood?

like

I use SoFi to consolidate and pay off my mostly private student loans. I’m gonna call to confirm later, but what happens if I’m 2 weeks late on making a payment?

like

What’s everyone’s 401k balance? I’ll start. 20 years saving and have 650k.

likefunny

Any suggestions for books to read about any guide for buying house in Canada or on real estate in Canada ?

Thanks

like

More Posts

Male, 24

It is that time in life for me to buy new socks - not work socks, just every day socks. I prefer low / no show. Don't want to break my bank but also want socks that'll last.

Recommendations appreciated! Thanks in advance!!

like

Trying to narrow down my quarter life crisis. Currently I’m looking at a UX Design bootcamp, do people actually hire from these bootcamps?

like

Hi, I have a HR discussion with EXL this week for the post of manager.

What should be the fixed pay I should be asking for?

like

HSBC India HSBC India HSBC has anyone tried re negotiating with hsbc with a counter offer? I have got 25 lpa fixed for 11 yrs yoe and gcb 5. Is there a chance of getting more?

Hi Fishes,
Can someone tell me, In
Genpact if they have updated re-hire status as No so what would be happen. Would be I eligible to rejoin again in future opportunity? However, I have resigned from Genpact on August 2022 so what would be the Gap duration boundaries for rejoin or duration of rejoin for exemployees?Genpact

like

Unpopular opinion: as a vet, I can assure animals can be as mean as human beings, they just can't speak up for you to know. And they also have the power to dislike you.

like

Gary Dahl got everyone whipped into a frenzy with "Pet Rocks" and TBH that makes me believe that marketing is like a form of wizardry

like

Hats off to all the night shift people!

Post Photo
like

I’ve 3 years of sales experience in retail ( reached 90k over target) and 2 years of digital marketing experience, I love selling and building connections with people, I want to join a Saas company and work as a SDR but keeping getting rejected due to the fact that I’ve no saas selling experience. I love to learn! Is there any recommended courses or anything I can do to get my foot in the door?

I’m a native English and mandarin speaker based in Dublin, Ireland.

like

Hi fishes,

Looking for any referal Or opportunities in Spain, Italy, Portugal.
Yoe: 3.3 yr
Domain: Data science/ analytics
TIA

like

SoFi Stadium in LA, opening in 2020 (MSP-LAX)

Post Photo
like

Anyone got the skinny on Alix consulting?

Got pinged by a recruiter for an MD role in digital transformation

He claims they compete with MBB and Alvarez.

Thoughts?

like

If you find this drop a comment and share what you've hated/loved. I've hated:
ApplicantStack
Talent Pool Builder
Oracle Recruitment Cloud TextRecruit (a neat idea but sooo not worth the cost per applicant imo) Career Builder (its odd to include on this list but it is)
I'm ambivalent about: Zapify (the thing that imports resumes from other places into your ats - so clunky compared to a manual upload)
SmartCRM - still new but it seems like an afterthought to SmartRecruit

like

Currently interviewing for a role at Amazon that is listed as a CW position, but I have direct experience in the product and capabilities this role is seeking, and the hiring manager is moving me forward. What is the likelihood that if I tried to negotiate from a CW to FTE, I would get the position?

Does anyone have experience with building a mentorship program or affinity groups for Educator of Color? Willing to offer any advice?

like

There’s been some turnover over the last six months at my firm, and I have taken over more files. I’m having a hard time getting ahead of briefing schedules and have been asking for extensions on a lot of recent briefs. In my practice area it’s never really an issue or objected to. However, I feel guilty that this is still happening. Any tips for getting over this?

like
like

Longshot post but does anyone have friends at City of Seattle, King County? Just recently got laid off by Accenture and I want to pivot towards work in the community, urban planning, etc. Really just want to do fulfilling work. Looking for a reference! 🙏

like

Time to update the website. Squarespace? Any other recommendations or tips? Thanks!

like

Additional Posts in The Real Estate Bowl

We are renovating a condo and the previous owner had two Crane toilets (not sure how old, but functioning although seals are old according to our contractor). Back outlet flour mount ones are the only options for the building, and one toilet can cost $300-$500.

We are redoing all the bathroom tiles and walls and debating what we should do with the two toilets. Would resealing the toilets extend the use life? Or should we just replace the toilets? Any other recommendations? TIA!!

like

My clients wish to write a testimonial/review for my RE broker services. What is the best site/medium for this? Yelp? Google Review? Zillow? Facebook?

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?

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

Anyone recently got a mortgage through SOFI? can you please share your experience?

like

Having trouble selling my (retired) dad's house. It needs a lot of work, but has great character. What if I buy it myself for a low, low price? Then I would be able to get a FHA 203k loan to do the updates. Rent it out or put it back on the market in the spring.

like

Hey hey all. I am writing a book on value creation in commercial real estate - from site selection to tenant management basically capture where industry experts see value lost or opportunities not captured. Anyone want to contribute to some insights ?

like

Would you say Austin’s real estate market will go through a correction in 2022? I am considering there in a few months (wife and 3 kids) from a normal-priced city. While we can afford a house there, I am scared of getting into an extremely risky investment seeing such fast growing prices in 2021. I’ve read both bull and bear scenarios online and I’d like to get some “Bowl’s” thoughts. Thanks!

like

What's common % for Property management fees? I've seen anywhere from 6.5%-10%

like

Is it better to have SFH for monthly cash flow or passive MF deals through a private syndicate? Friend told me that you need to have $1.5m invested in MF to generate 60k a year approx but it’s much better than dealing with tenants and maintenance. Just wanted to get peoples thoughts on becoming financially free through these two real estate methods

like

Are most new houses being built with induction cooktop? What has everyone experience been like? I personally had non compatible cookware with induction cooktop and wondering if I should just buy a new cooktop (electric, gas etc).. Other reason is that I read that it's also not healthy due to electromagnetic waves?

like

Hi - any good books recommendations for getting started on real estate investing?

like

Looked at a house (new build) and MIL said the vinyl windows imply the whole house is probably made with cheap, shoddy materials. She thinks everything has to be wood Marvin windows or bust. Is she right? From my research vinyl has its pros too... as long as we aren’t paying like they are wood marvins. Any reactions?

like

Does anyone have experience managing an out of state property yourself? Are there any tips/services you use?

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

UK - thinking of a buy to let in either Birmingham, Liverpool, Manchester - any recommendations on either /areas where you can get something under £140k.

like

At what income level should one be comfortable to spend 2400/mo on rent in HCOL? Assuming single, no kids, no debt or major expenses.

like

Commercial real estate question. When a residential property will likely zone commercial in the coming years, do we, the owner, wait for a buyer/developer to contact us?

like

I see two crowds these days. One thinks housing market will crash. The other thinks housing market will soar.

The contrarian in me makes me think this is a decent indication that housing market will stagnate (or increase minimally) for a few years.

As a general rules, I feel like the majority cannot foresee a crash/surge coming. The prevalence of such expectations would hamper the pre-conditions necessary for such a dramatic change.

likesmart
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