All Forum Posts by: Kirk Zandier

@Jason Papp Thanks, Jason!

@Nathaniel Dirks Hey Nathaniel! I know there are existing meetups, I’m just not sure if they have been paused or not. We could talk about starting one though!

Looking to participate in any in person or online meetups with local Pittsburgh investors. Thanks!

@Grace Green I am considering renting by the room as well. My thought is you want to focus in areas that have young professionals i.e.neighborhoods surrounding the city - Mt. Washington, Beechview, Dormont, Brentwood. You could also consider looking at homes near the cracker plant, those neighborhoods should also be ripe with the tenant you are targeting. 

Also, I think it important to have sophisticated lease contracts since this sort of renting is more nuanced. 

@Joe Lewis Good idea, I should consider wholesaling more. That would definitely increase my chances of meeting a potential mentor. 

@Josh Gorokhovsky That's awesome! Did you meet your mentor at a local REIA?

@Josh Gorokhovsky I am definitely making more of an effort to expand my network and find a mentor. I am typically someone who jumps into things, not carelessly, but quicker than most. I want to be cautious with my first real estate deal as I don't want to get burned, however, I also don't want to fall victim to inaction/analysis paralysis. With advice from those like yourself, I am starting to build a decent plan! Appreciate your thoughtful comments! 

Did you find a mentor when you started out? Or did you jump into a deal by yourself?

@Anthony Angotti House hacking really does seem to be the safest method when starting out. I guess there is just that temptation to find home run deals, but better to play it safe the first time around.

@Brett McManus I have been looking into the FHA 203k loan as well. There is a similar Fannie Mae product: HomeStyle Renovation Mortgage - I believe this version has a little bit less red tape. Have you talked to any lenders in regard to the 203k?

@Jon Kelly are you a full-time investor?