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Updated about 5 years ago on . Most recent reply

User Stats

22
Posts
8
Votes
Farshad Mansouri
  • New to Real Estate
  • Allendale, NJ
8
Votes |
22
Posts

New Member Intro, Again

Farshad Mansouri
  • New to Real Estate
  • Allendale, NJ
Posted

Hey community, for years I have wanted to dive into Real Estate investing, and this year I am making it a priority. I have house hacked a duplex once, and had a very positive experience. I am now looking to build my team, find properties. I want to Buy and Hold for the long term, using the BRRRR method. I live in Northern New Jersey, and while I would love to buy property here, the cost may be too much. So I may actually start investing in Buffalo, NY, where I have family. If anybody is willing to share the Rockstar members of their team, I would be grateful. I am looking for a Property Manager, Lender, Agent, and Contractor, to get started. I would love recommendations for BOTH areas. Thanks so much! And if I can help in anyway, please message me. I know any bit of help I can do is something I will learn from.

Farshad

Most Popular Reply

User Stats

37
Posts
13
Votes
Jacob Lea-Kelly
  • Property Manager and Attorney
  • Buffalo, NY
13
Votes |
37
Posts
Jacob Lea-Kelly
  • Property Manager and Attorney
  • Buffalo, NY
Replied

Congratulations on taking the next step! I would say due diligence is your best friend when embarking on a new venture. Go through everyone's references, their contracts, and their policies and then make a decision. The thing to remember is to pay in installments, not prior to work being completed and let people you hire do the job you are hiring them for (don't micromanage). Also understand that all estimates will be subject to changes based on conditions once things are opened up. This is normal. So budget with that in mind. If you would like specific recommendations, feel free to reach out. 

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