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Updated over 2 years ago on . Most recent reply

User Stats

18
Posts
5
Votes
Bryce Muller
  • Real Estate Agent
  • New York
5
Votes |
18
Posts

Trying to find first rental

Bryce Muller
  • Real Estate Agent
  • New York
Posted

Hi BP community, 

I am 22 years old, I have been focused on finding a rental property for 3-4 months and doing research for about a year. I took the state re licensing exam two days ago and will start working as an agent soon. When I think about investing or look at properties, I feel like I don’t know what I want or cannot find it and end up changing my search to another location or property. At the same time, I want to move out of my parents house so i can have more control over my environment, focus and become more productive. However, most multifamilies I come across are fully occupied. Overall, the fustration makes me want to put my head through a wall. 

Since I am new I don't know if I am being smart by being patient or stuck in analysis paralysis. I have financing and cash but I cannot find the right property. When I think about investments, I want atleast a 3-4 unit multifamily with a value add opportunity or a single family house hack using FHA to move out for a year. I am searching in the Danbury CT area and listings meeting my criteria in the location I desire are scarce. Any advice to help ease my stress?

Most Popular Reply

User Stats

12
Posts
3
Votes
Alpha Journal
  • Investor
  • Danbury, CT
3
Votes |
12
Posts
Alpha Journal
  • Investor
  • Danbury, CT
Replied

Hey Bryce,

I was in your position 2 yrs ago when I first started. I currently have a few properties and I'm also in the Danbury area. Feel free to ask me any questions and I can even meet up with you if you like. 

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