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All Forum Posts by: Faysal Alam

Faysal Alam has started 21 posts and replied 148 times.

Post: 23 years old , not sure where to start . Please help !!!

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26
@Redgy I don’t own bitcoin , just a bunch of alt coins . The initial investment was about $800 and right now hovering around $700 . I like to keep a little skin in the game . Wouldn’t make sense for me to liquidate at this point

Post: 23 years old , not sure where to start . Please help !!!

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26
@Redgy yes sir that’s the goal , I want to buy Atleast a duplex and eliminate my rent if not cash flow . Eliminating my rent would create an extra $700/month cash flow for me . Haha your giving me too much credit here . It’s actually more like a 40k income if you count my tips as well .

Post: 23 years old , not sure where to start . Please help !!!

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26
@caleb wow man ! Yes for certain I would love to get a step by step from you and a timeline . It won’t let me message you for some reason .

Post: 23 years old , not sure where to start . Please help !!!

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26
@tina the reason I can’t move out of NYC is because my parents do not speak English , the area which I live has a high bengali population so they can still live there life , they can walk to where they have to go without me always having to take them . That’s primarily why I want to stay here , my little brother also goes to school here

Post: 23 years old , not sure where to start . Please help !!!

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26
Jackson Pontsler thank you so much ! And yes I’m in the process of looking for a mentor right now

Post: 23 years old , not sure where to start . Please help !!!

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26

@thwanda wouldn’t I need the income to back up getting a loan of that size . Even if I get 50k for the down payment 

Post: 23 years old , not sure where to start . Please help !!!

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26
I have about another 10k in investments , 5.5k in my Roth IRA , and 3.5k in my Robinhood account as well as 1k in crypto currency

Post: 23 years old , not sure where to start . Please help !!!

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26
@kimberly , I’ve read rich dad poor dad , great book . I also listen to a lot of YouTube videoes , and podcast while I’m working .

Post: 23 years old , not sure where to start . Please help !!!

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26
@dennis how much do you think I need to save before I should start investing ?

Post: 23 years old , not sure where to start . Please help !!!

Faysal AlamPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 150
  • Votes 26
@nicolas I get what your saying , but I figure eliminating of reducing my rent is the same as cash flowing at this point . I’d love to meet with you sometime and talk about the areas your investing in . Send me a message , let’s figure out a time to meet