All Forum Posts by: John J. Stoia

Hello everyone! 

I am looking to do a house hack on a duplex/triplex/fourplex around the Rochester, NY area for my first deal in 2024. I would like house hacking to be my first point of focus then move into MFHs/SFHs as I learn more.

I can contribute as I have a desire to continuously grow my knowledge, and I am willing to try new things and learn from others.

Let's connect and chat!

Hello everyone. I appreciate your advice from my previous post on being new to real estate. I have been reading, listening to the Real Estate rookie podcast from BP and picking up on some lingo so far.

Regarding my strategy, I have my Why and my goal but I am not sure if my goal is what would be best for me in my current situation. I think I'd like to start with rental properties.

I was looking to get people's perspectives on a few things as I want to get started with real estate in 2024. 

1) What would you suggest for someone that does not have much capital to start? How could I go about analyzing which option would be best for me to begin given my situation? I'd like to fledge out a more detailed plan before I get too far, involving potential costs that I'll incur. I like what BP has regarding the investing analysis tools. I'm a numbers guy...must be the accountant in me :)

2) It can seem overwhelming trying to learn everything at first. How did you navigate this while taking on real estate investing in the beginning? Did a strategy (e.g. STRs, BRRRR) catch your eye, you determined it was best for you and you went forward with it?

I still am going to continue to save and try to put together enough for my first deal. I understand that different strategies work for different people. 

I appreciate any advice you have. Thanks in advance!

 Thank you a lot Cade. I know I will have some questions for sure. I appreciate you being open to my questions. Can we connect?

Thank you for sharing your viewpoint and passions Roe. It is easy to get ideas but executing them is a whole different thing. I like reading as well. I would like to continue learning as much as I can and eventually implement what I learn. I appreciate your advice on being careful with my choices, this is good to keep in mind.

Thank you for your service.

Thank you for sharing your perspective Benjamin. It does get easy to think about all the different niches and trying to learn everything. This will be noted. Thanks again!

Thanks a lot Alan, I appreciate the advice on starting out. I wish you the best as well

Hello everyone,

I am John. I am new to real estate and have been reading the book How to Invest in Real Estate by Josh and Brandon. I do not have any real estate experience, but I am excited to learn. I am 25 and working full-time. I came across the BiggerPockets community from getting the above book recently. 

At this point, it's my goal to continue building up my savings so I have more capital to do my first deal. In the meantime, I'd like to learn about real estate and its various forms. I am looking forward to connecting with people in the BiggerPockets community. I am elated to begin my real estate journey!