Updated almost 3 years ago on . Most recent reply
Looking to get started already
Hello BP community,
My name is Kristin Riker. I sold my first, primary residence in July and moved back in with my parents. I netted a great profit off the house and have been consuming any and all books,podcasts and solid online content about Real Estate since. I live on long island and need to stay here for my job. My 2023 goal was to find a house hack on long island and a single-family rental property out of state. Is this to ambitious? A lot of investors I speak with, especially ones on Long Island, are all doom and gloom. I am looking for a distressed house on Long Island , attending auctions, dropping letters in mailboxes, skip tracing and contacting owners and attending my local REIA meeting. I try to network and pick peoples brains and a lot of the consensus I get is that it is a 'bad time to get started'. Getting frustrated. I don't know if I am asking for too much or if I should just keep saving and wait. Frustrated, because I want to get started and I'm worried that the longer I wait the more time for analysis paralysis to set in.
Most Popular Reply
Seems like a small goal to me, people who gloom and doom are great, I wish there were more of them. Only give me more opportunity to buy. Evaluate your finances and make your own mind up on wether it makes sense to invest in your market.