New Member from Long Island, New York

[Maurice Ilao]

Hey everyone, 

My name is Maurice. I'm brand new to real estate and have never purchased any type of property before. I recently became interested in buying a home because I am currently living with my parents in a multi family apartment on the second floor and my parents aren't getting any younger.  I really wanted to buy a home for the family so my parents wouldn't have to walk up and down the stairs every time they left the house. With my savings and a little help from my parents, I started to look at multi family houses. I realized that houses in my area were way to expensive and a multi family would be the only option we can afford to purchase here. While doing some research on how to buy multi family houses i ran across this site and it's podcast. This site has been so motivating that I want to learn as much as I can and live a better life. Even my parents took notice of my new interest in investing and are willing to stay in our small apartment in order to make a more long term solution to either "buy and hold" and/or possibly try to "flip a house".  I work full time in Manhattan and don't think i have the time to renovate a house myself to flip. I think my best option is to buy and hold but what are your opinions.

Thanks in advance,

Maurice