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All Forum Posts by: Davere Currie

Davere Currie has started 12 posts and replied 25 times.

Post: Buying property in other countries to build equity.

Davere CurriePosted
  • New to Real Estate
  • New York City, NY
  • Posts 25
  • Votes 14

Im 25 years old and I live in nyc where real estate is extremely expensive. Eventually I want to own residential real estate in nyc once I have the capital. But right now I want to invest between 10-20k to get my feet wet. I have a mentor who is currently developing properties in Dominican Republic. He told me if I want to start investing in real estate now with 10k-20k buying properties in DR would be a good first step. I could air bnb, or rent it out for profit and still eventually sale.

Any feedback on this process anyone could give me I’m open ears. Is this a good idea ? Would it help me gain enough money in a faster time for the ny real estate markets ?

Post: Should I get an LLC If I want to become a investor in real estate

Davere CurriePosted
  • New to Real Estate
  • New York City, NY
  • Posts 25
  • Votes 14

Should I get an LLC to for investing in real estate ?

Or Should I just set up a business account.

Post: Investing into house hacking

Davere CurriePosted
  • New to Real Estate
  • New York City, NY
  • Posts 25
  • Votes 14

@Jaysen Medhurst

Thank you I appreciate that

Post: Investing into house hacking

Davere CurriePosted
  • New to Real Estate
  • New York City, NY
  • Posts 25
  • Votes 14

Is it harder to house hack more units ? For example 16 units or more.

Post: How do I get started in real estate investing with 10k ?

Davere CurriePosted
  • New to Real Estate
  • New York City, NY
  • Posts 25
  • Votes 14

@Anastasia G. I should be able to qualify. I have a pretty good credit score. I will looking into getting prequalified for a mortgage this week.

Post: How do I get started in real estate investing with 10k ?

Davere CurriePosted
  • New to Real Estate
  • New York City, NY
  • Posts 25
  • Votes 14

@Paul Stewart I was looking in Brooklyn , Queens , Bronx and even No in areas like Bayonne, jersey city , Newark. I currently live at home and I’ve been looking into fha’s as well

Post: How do I get started in real estate investing with 10k ?

Davere CurriePosted
  • New to Real Estate
  • New York City, NY
  • Posts 25
  • Votes 14

@Dustin Lavender I’ve checked out both properties. They are both coop. Wouldn’t it be harder to get out of a deal like that. I’m looking invest into units for the passive income. If I was to get both properties and the tenants leave I’m stuck with the payments. How I see it the more units the better. Thank you though

Post: Real estate investing

Davere CurriePosted
  • New to Real Estate
  • New York City, NY
  • Posts 25
  • Votes 14

What are the upsides and downsides of note deals?

Post: How do I get started in real estate investing with 10k ?

Davere CurriePosted
  • New to Real Estate
  • New York City, NY
  • Posts 25
  • Votes 14

@Dustin Lavender I need more capital than 10k. I’m in the process of increasing my income.

Post: How do I get started in real estate investing with 10k ?

Davere CurriePosted
  • New to Real Estate
  • New York City, NY
  • Posts 25
  • Votes 14

@Dustin Lavender I live in nyc. Prices are high for rental properties.