Before committing, demo a couple and make sure their reporting and bookkeeping play well with your CPA or accounting system.

I’m an active investor, but lately finding the right projects has been tougher, mostly due to inflated pricing on existing inventory, unrealistic seller expectations, and an oversaturation of flippers.I’ve had solid success with a few flips in Boynton, but as the market softens, days on market are stretching out, which makes scaling harder.

By using a portion of your stock market gains as a down payment, you control 100% of a physical asset’s appreciation and tax benefits while only committing a fraction of the total value in cash.3.

Over the past couple months, I have been trying to gain as much knowledge of the industry and lifestyle as I can - I'm sure I've listened to over 100 episodes and looked at nearly as many properties as I try to find my footing and first investment property.I'm not in this alone, as my girlfriend (who was also on that shuttle), and I are both committed to pursuing these opportunities.

But like any networking investment, the value you get depends on how you use it.What you could do is go to a few meetings first before committing.

Existing network of contacts here would be a HUGE plus for me since I haven’t yet done many deals in the area.Thanks for asking.

I actually think the points you’re raising explain why Mackay still represents opportunity rather than why it should be dismissed.On the local resistance point, that dynamic exists in every mountain town before it changes.

Consistency here matters far more than finding the perfect first property.Whether you owner-occupy in NYC, invest out of state, or continue renting for a bit longer, the key is aligning the strategy with your longer-term goals and then committing to it long enough to build momentum.

But yeah, HOAs usually do grandfather existing uses when they change rules.

New regulations are making it tougher to turn as much profit as you used to areas like Jersey City dont allow them unless you are renting out a part of your primary residence.I did Airbnb for a while and switched to MTR (later sold it, wish I didnt) less operational drag and MTR gets you past most of the Zoning Rules that exist in the state.