All Forum Posts by: Coua Lee

With today’s challenging market and a newbie in real estate investing, I wanted to start my search initially finding a single unit where I can rent out rooms or find a multi family however I’ve often come across good deals in good locations that are overly price. There one house that’s going for $299,000 but probably needs 80-100k work, I guess you can say it’s a gut job but it’s 5 mins from a prestige university and in an extremely appreciating neighborhood. Houses in the same area are going between 400-500k. Would you consider a deal like this or bring in a partner to put the down payment in? Let me know what kind of strategy I should explore in this kind of crazy market.  

Thanks! 

I’m a newbie in the real estate investing world and there’s definitely a lot to take in. Would you recommended getting your 
real estate license to help understand the verbiage, industry, and eventually help you find properties? To all the real estate investor out there, if you went a head and got your real estate license, how much has it benefit you? 

Any advice is greatly appreciated!

Coua

@Anthony Thompson can you tell me how you started in REI? How your first deal for multi family went?

@Antony Thompson thanks for your response. 

What’s your vacancy percentage? Do you find it harder to rent out in Johnston or west Warwick? And do you experience with renting on rooms? 

Thanks Elle for your response. I’ve had interesting encounters with realtors. How do you find the right one that works for you and what are some red flags? 

Hi All, 

I’m new to the real estate investing world and would love any advice you would give to a new mom. 

I recently got preapproved and have been on the search for a multi family home preferably a duplex or triplex. I’m also open to single family home with an in law suite, that way I can rent out rooms and live in the in law suite. 

Rhode island is pretty small state so determining where to invest have been challenging too.  what does everyone think about the Johnston area vs west Warwick areas?  

Let me know what your thoughts are about the RI market. 

Thanks, 

Coua