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All Forum Posts by: Guy Cardinale

Guy Cardinale has started 3 posts and replied 3 times.

Post: House Hack Networking

Guy CardinalePosted
  • New to Real Estate
  • Long Island, NY
  • Posts 3
  • Votes 6

Hi everyone! 

Wondering if anyone might be interested in networking, either via phone call, Zoom, or in person (if in the NYC area). 

Would love to discuss some house hacking strategies and get some insight into those who have done this a few times. 

Let me know!


Thanks!
Guy 

Post: Advice for house hacking in a high price area

Guy CardinalePosted
  • New to Real Estate
  • Long Island, NY
  • Posts 3
  • Votes 6

Hi all! 

Looking for some advice on house hacking. 

House hacking seems to be the best way for my first investment, but I am a little nervous about the prices in my area. It looks like the low average is around 600-700k (for a split family home). Is it possible to house hack with a price that high? 

I could probably find something lower in price than that but it would be in a worse area (i.e. far from train access, not good schools, etc.)

I know out of state is a good option too but as of now I have no team or contacts to help with that, so makes more sense to build up to that point in the near future. 

Any advice would be welcome! :) 

Also on a side note, I would love to talk to anyone on the phone or via Zoom. I work from home so have ample free time during the day and nights, so would be willing to help work in any capacity for anyone willing to talk :) 

Thank you for your time! 

Guy

Post: Looking for advice for a first time investor

Guy CardinalePosted
  • New to Real Estate
  • Long Island, NY
  • Posts 3
  • Votes 6

Hello everybody! 

Excited to join a great community here at BiggerPockets!

I am currently halfway through the "How to Invest in Real Estate" book and want to ask you all some advice. 

What recommendations would you make for a first time investor? 

I have a background in Project Management and am happy to help anyone in any aspect in order to gain some insight into the Real Estate Business. 

When it comes to my financial situation, most of my money is in savings and index funds, so when it comes to making my first purchase I don't have a lot or expendable cash to use. Has anyone been in a similar situation when starting off? If so, what was the path you took when it came to securing funds and what type of property would be the best for a situation like this? 

Appreciate everyone's help! 

Guy