New Investor Looking to House Hack in Rhode Island Area

New Investor Looking to House Hack in Rhode Island Area

Providence, RI · Member since 2018 · 29 posts · 409 votes

Hi everyone,

My name is Jake and I'm currently on the market for my first multi family. I started out investing in stocks not having a clue about what I was doing. After finding out quickly how volatile the markets can be I decided I wanted to learn how to actually evaluate an investment. I began reading books and listening to podcasts on investing. This lead me to discover the concept of investing in real estate. I really like the idea of being able to generate passive income from something that is tangible. My girlfriend and I decided that we want to buy a multi family for our first home and house hack it. We have been looking for a few months now and are still trying to find our first deal. Wish us luck!

Best regards,

Jake  

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  • Marlon FongPro Member
    BiggerPockets Support · Bridge City, TX · Member since 2016 · 1k+ posts · 367 votes
    8y

    Hi @Jacob Gelinas! Welcome and Good Luck! BP is a great place to learn and get assistance.

    BiggerPockets
  • Providence, RI · Member since 2018 · 29 posts · 409 votes
    8y

    @Marlon Fong Thank you very much! I have been listening to the podcast for a while now and reading through the forums more recently. I have already learned a lot but I've got a long way to go!

  • Rental Property Investor · Providence, RI · Member since 2015 · 1k+ posts · 594 votes
    8y

    Best of luck in your house hunt. 

  • Rental Property Investor · Cranston, RI · Member since 2017 · 171 posts · 158 votes
    8y

    Welcome aboard, @Jacob Gelinas!  As you probably have alredy found, this forum and the BP podcasts are great.  I'm not sure if you've attended any of the RIEREIG meetings, but there is a wealth of knowledge about local real estate in that group.

    Like you, I'm new to this as well.  We bought our first multi-family in February and are scheduled to close on another one next month.  Mistakes have been made along the way, but it's all part of the learning process.  Good luck with your journey!

  • Providence, RI · Member since 2018 · 29 posts · 409 votes
    8y

    Thank you very much @Brandon Ingegneri!

    @Nancy DeSocio, I have not been to the RIEREIG meetings but I'll have to look into those. Thank you for letting me know about them! Also, congratulations on your close next month!

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