All Forum Posts by: Ryan Broderick

Thanks Molly & Kevin

Hi All,

Does anyone have a good recommendation for an investor focused RE attorney in Fairfield County or lower Litchfield County, Connecticut? Have a few rental apartments that we are looking to move into an LLC before continuing to purchase.

Thanks,
Ryan

Thanks all! Since I have a few months, will def keep my eyes open for a good deal!

Hello all,
I am a young professional living (paying rent$$$) in Manhattan and am looking to get into real estate as a part time investment and see where it takes me from there. I'm tired of throwing 2g a month into rent for a small apt and want to build some equity through REI.

I am currently looking to purchase my first home sometime soon (within a year in Westchester NY or SW CT) and am struggling with the idea of how to do it. My goal is eventually to buy and rent - however it will be hard to get approved for an investment property soon after I get a mortgage for the home I will be living in.

I was thinking something along the lines of buying a livable rehab, and living in it for one to two years while fixing it up before renting out/selling. Once I was able to successfully finish and rent out the first property I could then start looking for another place to buy....That seems to be where I am leaning as of now, is this a solid plan??

I am curious to hear how people have balanced purchasing homes for themselves along with investment properties.

Thanks!

Ryan

Thanks Ahmed/Jim,
To start I plan on simply buying a house that is ready to move into and rent it out as a way to supplement my current income. I know there are currently a lot of properties in the area that can be bought and fixed up but I have no experience in that field nor do I have any relationships with contractors. Maybe that is something I can build towards.

Hello all,
24 y/o from Baltimore MD who is looking to buy my first property in the coming months with the hopes of renting it out in an extremely renter heavy Baltimore City (Federal Hill- Canton). Still Look forward to continuing to read/learn on BP as well as ask a ton of questions!