New to the fourm

[Ross Hall]

Hello my name is Ross from Walden New York I'm very new to real estate. I'm Honestly looking to provide a better future for my family and kids. I am not crazy about investing in something I don't understand which is what keeps me from looking to the stock market. I know a fair amount about construction as I was raised around it my entire life. 

I'm looking to learn how things work with real estate between flipping housing and or renting. I am currently renting a house from my in-law's that they are willing to sell to us for way below market value and I am hoping when we buy the house it will be a good step into the world of investing. But I am not sure what i should do with it once we buy and are ready to move on(Hoping within the next 5 years) 

I am honestly on here looking for advice and to see what other people have had luck with, because renting scares me with all the bad story's I hear about bad renters and then people having a ton of issues getting people out.

I look forward to connecting with some good people and learning as much as I can and maybe someday helping others.

Thanks!

[Justin Spaulding]

Awesome @Ross Hall! The single family house - when you own it will you be living in it to start? If so it is not really an investment. I tell people all the time - and some argue with me - you should at a VERY MIN get a duplex and live in one side while renting out the other. Better yet, start with a 4 unit. A 4 unit is not any harder to manage than renting to 1 tenant but it is SO MUCH more rewarding. Best of luck!