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All Forum Posts by: Marceline P.

Marceline P. has started 3 posts and replied 12 times.

Post: New to RE Investment Journey - Finding my Niche

Marceline P.Posted
  • Investor
  • Bklyn, NY
  • Posts 13
  • Votes 7

Hello BP community!

I'm new to this journey and so excited, but simultaneously fighting to stay motivated. I'm interested in house hacking, however living in Bklyn, NY the market is too expensive for me. I am still saving nonetheless to purchase in NJ. Im currently interested in house hacking the traditional way via a duplex, however Im considering buying a single family or duplex property in a much less expensive market and renting it out (as a regular rental property) for cash flow to help finance my second property that I can then house hack. For anyone that has been in my predicament or has helpful advice or guidance Im all ears.

Thanks in advance,

Marceline

Post: Learning Your First Market/Developing a strategy

Marceline P.Posted
  • Investor
  • Bklyn, NY
  • Posts 13
  • Votes 7

Hi Allen,

I myself am fairly new to this real estate investing journey also. I can give you one resource regarding this question, "Is there any resources out there that can help me better understand fair market values for my local listings?", there is a calculator that provides rental estimates under the 'Tools' tab on this website.