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All Forum Posts by: Andrew Royster

Andrew Royster has started 6 posts and replied 13 times.

Hey BP! Reaching out to all of you who invest in multifamily in south Florida. Without going above 4 units, where would you love to invest your money? Do you have a preference on any cities spanning from Miami to Palm Beach area?

Post: How to find deals to analyze?

Andrew RoysterPosted
  • Plantation, FL
  • Posts 13
  • Votes 5

Hey there!

Here's my question: What can I do to find potential deals in my area to analyze without giving off the impression that I'm going to buy? 

I'm brand new to real estate investing and am extremely excited about it. I've been listening to biggerpockets podcast and reading the prescribed books. So far I've read Frank Gallinelli's book - What Every Real Estate Investor Needs To Know About Cash Flow...And 36 Other Key Financial Measure, and Brandon Turner's book The Book on Investing in Real Estate with No and low Money Down. 

I feel like I'm at a point where I should get my feet wet and practice analyzing deals. My goal is to house hack with my first investment property, but I'm open to going other routes if they make sense. I've been using redfin.com to find deals in my area. A lot of the ads say I can just request financials, but I don't want to give them the impression that I'm a serious buyer by reaching out. 

Thanks in advance for any help!!

Hey everyone! I’m new to bigger pockets and real estate investing. Looking forward to meeting everyone on the 16th.

Post: New to South Florida

Andrew RoysterPosted
  • Plantation, FL
  • Posts 13
  • Votes 5

Greetings BP and happy Thanksgiving! New guy here from Ft. Lauderdale, FL. Looking to purchase a property to house hack in 2018! Would love to learn about or join any groups in south Florida.

Post: Obtaining a RE License to access MLS?

Andrew RoysterPosted
  • Plantation, FL
  • Posts 13
  • Votes 5

Wow, really great advice. Thanks for all of the feedback BP! I'm not looking to invest in NY so I think buying access to MLS in other areas of the country will be my best bet.

Post: Obtaining a RE License to access MLS?

Andrew RoysterPosted
  • Plantation, FL
  • Posts 13
  • Votes 5
Great thank you for the advice!

Post: Obtaining a RE License to access MLS?

Andrew RoysterPosted
  • Plantation, FL
  • Posts 13
  • Votes 5
Also, if I'm licensed in NY am I only able to look at NY specific MLS? Or is it good in any state?

Post: Obtaining a RE License to access MLS?

Andrew RoysterPosted
  • Plantation, FL
  • Posts 13
  • Votes 5
Hey BP - is it worth getting my real estate license for access to the MLS? Or would I be better off paying for it?

Post: Relocation for house hacking

Andrew RoysterPosted
  • Plantation, FL
  • Posts 13
  • Votes 5

@Mark Holencik Thanks! I didn't even think about that. As long as I take the time to find good renters, this seems like a great solution!

Post: Relocation for house hacking

Andrew RoysterPosted
  • Plantation, FL
  • Posts 13
  • Votes 5

Hey, BP - Happy New Year!

So I've done a small amount of research on house hacking. I love the idea! I've seen a lot of posts about investing in your own area to start with (meaning where you actually live). It seems intuitive and easier then trying to find a property halfway across the country. My problem is that where I currently live, there really aren't many multifamily properties for sale. When i do a search on Zillow or Loopnet, for the area, It seems like there's great opportunity for single family homes. That's not what I'm looking to do, though. Maybe it's bad timing and I should wait a while to see what happens. 

BP - what are your thoughts on relocating (to another state) for house hacking? Anything I should be prepared for? Anyone have a, "I wish I knew then what I know now" story for me?