All Forum Posts by: Abdoul Guisset

@Megan Brooks I will! I'm okay with an hour commute, ideally 30-45min!

Hi all! 

I am still fairly new to the Bigger Pockets community (although created one post before) and I started looking into House Hacking.

Little background: I've been working for 2 years now and wanted to start my real estate journey! I already have been looking into buying a rental property out of state but in the mean time I decided to see if it made sense to house hack here in NY.

Looking at listings, I am considering buying a SFH or MFH (if possible) around Jersey City, North Bergen, Union City.
I'd like to use a FHA loan but from my understanding some condos are not FHA approved which makes the search a little bit harder.

Union City looked like a good option to me but it seems that the rent control might be an issue.
North Bergen has some choice of SFH within my price range.

For info, my price range was set ~400k (I know that's not a lot). I am not necessary looking for a profit as I house hack, I know that it is very hard, if not impossible, to find properties that cash flow in the NYC. 

I'm looking for some advice on how feasible it is to invest in these areas and how I can narrow my search down. Appreciate the help! :)

@Shane Rasnak, did you end up buying anything? I am actually looking for the same numbers as you and would like to have your take on this.

@Caleb Brown @Caleb Brown I did not read that book from David Greene yet thanks for sharing.

I did start on contacting agents and benefiting from their network. But it’s not always easy to vet an agent

@Karl B. Thanks for sharing! It really reassure me to see that we can safely invest out of state.

Just like you, I know some people in the areas where I am looking to buy so they can at least go and take a look from time to time.

When you looked for handyman did you look through particular site or just asked your Realtors for advice?

Also is it typical to “shop around” for real estate agents?

Appreciate you sharing your story!

Hello fellow Bigger Pockets member!

I am fairly new in this community and decided that 2020 would be my year to start on my real estate journey!

Living in a very expensive city does not help, so I was looking for advice on how to start investing out of state or what steps you took when you started!

Personally, I am looking more to buy in OH, NC or IN.

For a first property, I am thinking of putting no more than a 100k.

Where did you buy? How much did you put in your first property? Did you do some rehab even while being out of state?

Appreciate the point of view!

@Tony Robinson this is such an incredible story. Thanks for sharing! How hard was it to invest out of state? I am living in NYC and have and find it too expensive to invest locally.