All Forum Posts by: Fareed Khamitov

Hello world.

I have a question that will probably sound stupid to most. I live in central Florida right now and I have 1 1/2 bathrooms and 3 bedrooms. 1/2 bathroom is actually in master bedroom.

Should I even consider expanding it to full bathroom? Is it a good investment all the time? Also if you have done so, any tips and things I should look out for?

Thank you

Thank you for the response.

Yes, that is exactly what I was thinking.

That is my current plan right now, trying to read/listen and attend as much as I can. What books would you recommend?

Hello world.

Me and my wife are in our early 20. I am 23 she is 21. Right now we both work full time with income of around $50K annually. I am also a full time computer science student in my junior year. Right now we have car payment, mortgage on a single family house that we bought last year and no student debt.

Throughout the years we managed to save $25K. Seems like the more I read the more options we get. "Set for Life" is advising to save, invest in Index Funds and then in RE. "BRRRR" by Mr.Green is advising to save a lot and then buy house cash, and books by R.Kyiosaki are advising to start playing a little in stocks and funds to get used to investing and then get into "big" business or RE and so on. The end goal for us is real estate I know that for sure.

Now the question is: should we keep saving or start investing if not all, but part of it? What would you do in our place?

Thank you all!

Hello World!

I am looking into REI, as a part time worker and a full time college student I don't have a lot of time to commit fully. Yet.

Right now I decided on doing my "homework": research, analyze deals, read books on REI, and making connections. Which I found that is my weakest point:going out and meeting and talking to new people. As an introvert and shy person it's very hard for me to go out and talk to people about investing. Which I know is a big part of this world.

Do you have any books that helped you or that you can recommend on that topic? 

Thank you in advance

@Alina Trigub @Chris Szepessy Thank you all for the advices! I’ve been trying to find a good multi family to house hack, majority of them are in not the best part of the city. Most books/podcast/arcticles I read day to stay away from such purchases. What would y’all say?

Hello World!

I am a 21 years old computer science student. I started listening to the BP podcast back in May and listened to a lot of episodes since then. Me and my wife both wanted to be in real estate investing for the longest time. We saved up money and now have the money to buy the house. But the market seems so high right now in my area , and almost all books that I read or podcasts that I listened are saying that "you get reach buying". 

The question is: should we wait a little bit more for prices to drop a little and meanwhile invest in stocks or pull the trigger and buy a house? 

Anything will help!

Thank You