Hello All,

I’m feeling very excited! I have been researching real estate for several years and will be closing on my first deal next week!

My first deal is a single family house hack. I’m planning on living in 1 room and renting the 2 other bedrooms out to family members. With the additional income, my mortgage and taxes are basically covered.

Best,

Dean

Nice job Dean! Excited to hear how it works out!

Hey @Dean DeMattia , congrats on getting started! My second property was a house hack, and it's treated me VERY well. After two and a half years of it, I'm putting an end to it this spring though. I'm looking forward to having my house be my HOME, and I'm in a financial position where I can finally afford to not have housemates. 

Stamford is a tough market to get into for real estate investing, but buying a Single family that you will house hack certainly makes it doable!

What's next for you?! 

@Filipe Pereira Thanks Filipe, really appreciate it! Sounds like you have some good experience!

I’m thinking about buying a 3-4 unit in either CT or upstate New York. I’ve done quite a bit of analysis but yet to pick a town.

@Dean DeMattia what cities in upstate New York has your research led you to?

Hey Dean!! 

Congrats on the deal!! Great to see you on here and hope you're doing well. I'm also looking into the Stamford market to house hack. 

I would love to catch up and it would be awesome to hear your advice on how you made this deal happen. 

Hey Dean!! 

Congrats on the deal!! Great to see you on here and hope you're doing well. I'm also looking into the Stamford market to house hack. 

I would love to catch up and it would be awesome to hear your advice on how you made this deal happen. 

Originally posted by @Dean DeMattia :

@Filipe Pereira Thanks Filipe, really appreciate it! Sounds like you have some good experience!

I’m thinking about buying a 3-4 unit in either CT or upstate New York. I’ve done quite a bit of analysis but yet to pick a town.

 Yes, house hacking was financially awesome for me. Not having to worry about your mortgage payment every month really reduces the ongoing stress you carry each day. 

If all else is equal between the towns you are looking in in CT and NY, I would stay in CT. The state is more landlord friendly (for now) than NY. 

@Steven Luttman I’ve looked at many places such as: Albany, Troy, Buffalo, Rochester, Poughkeepsie, Syracuse, and Binghamton.

I went to college in Albany so am familiar with the capital region.

@Stephen Pombo Hey Stephen! Thanks man, I’d gladly walk you through the process. It was easier than I thought! Are you still in Westchester?

Hello Dean, let me know if you would like more information about the Syracuse market. Glad we are in the running!  

Awesome work @Dean DeMattia ! 

@Dean DeMattia congratulations Dean! There is nothing like getting the first property under your belt.

Good luck on your journey going forward.

@Dean DeMattia Yeah man that would be awesome!! I am still in Westchester, working from home. I'm looking to make a move within the next 6-8 months.

@Stephen Pombo I’ve put a few deals together like this recently and happy to help you with a plan. Let me know if you want to connect!

Congrats on the deal!! Let me know if you may need any information on areas in upstate NY. 

Congrats Dean, that's awesome to hear!