All Forum Posts by: Belen Gamarra

 Hey Josh, Have you managed to buy your first property yet?

 Hey Kaylee! As someone in similar shoes, just interested to see what progress you've begin to make? Although we're on different sides of the US, It'd be cool to connect!

 Thanks for your contribution! How do you go about analyze deals? I know BP has a tool, do you use that? 

 Thanks for your opinion! To your second point, I was  contemplating buying in another state because having a remote job, I am location- flexible. I was looking into Florida- spoke to a few real estate agents down there- Visited Tampa, Orlando, Fort Lauderdale, Port Saint Lucie- but it comes down to not having a lot of connections to lean on in that state. I was advised that maybe it's best to move down there first and possibly rent for a few months instead of buying and moving into a totally new state. But why would I want to pay rent for a few months when I'm not even sure how it'd be like to live down there and the point is to get in the real estate game quicker?

I thought that the challenge of moving to a new state and the challenge of becoming a first time homebuyer would be a lot, which is why I was thinking about sticking to Jersey. Also, my brother lives in PA so although I haven't explored it as much as Florida, maybe that's a more feasible counter than NJ.  I'd love to know your opinion. 

I appreciate it!! Thank you. 

Just seeing this so I missed it tonight. Do you know the details of the next one?

Good Morning Everyone!!

I have been passionate and set on buying my first real estate property as an investment for a year now. I want to do an owner-occupied House Hack and rent out the units. I have a 750 credit score, no debt, and 20k cash saved. ( 8k extra but those are for my 8k in student loans)

I just got a new job currently paying me 34 dollars an hour that will be remote.

What has been holding me back from buying a home?

My past job and the new job that I have started have been temporary** jobs covering parental leaves.  I was under the impression that it's better to have a stable permanent job when buying a home. They have been at the same company that I ABSOLUTELY LOVE, and the reason why I haven't taken another job is because I have hopes that they offer me a permanent position when the contract expires in March. 

The thing is, I am getting impatient with my situation. I love doing research on real estate investing and reading books, I have attended conferences, I have spoken to real estate agents from New Jersey and Florida and lenders, and I am so excited to take the jump. However, I do not have the stability of a permanent job that could be more important. 

Just need some advice...

Should I save up more money and keep reading and preparing?  (If I should do this, how should I prepare?) OR  should I more actively look for properties and dive into the real estate world as I've been wanting to for about a year now and not let the temporary contract hold me back? 

BTW- in NJ!

Hi Everyone!

I stumbled across house hacking a couple months ago and have been researching it vigorously since- I am set  that buying a property and renting out spaces in it is definitely the next right move for me. I am a recent college graduate from Seton Hall University that just landed her first Career job a couple weeks ago. It's remote! 

Now, I've also had an inkling and desire to move and switch my environments for a couple of years now. I think Florida would be a good fit because of the beautiful weather and proximity to Colombia, where my parents are originally from. My remote job allows me to have the flexibility to move here.

But, It feels risky to buy a property and start my first house hack in a location that I don't have as much familiarity with. What do you guys think?