All Forum Posts by: Matthew Posteraro

Gino, Thank you for the insight. Me and my wife are aiming to be debt free by the end of 2024, then begin saving aggressively for a house while maxing out our 403Bs. We see real estate investing as a great way to diversify our portfolio and do want to remain on the more conservative side, especially for our first property. 

We fee like a conservative approach will let us go through the growing pains of better understanding real estate investing without the worry of being over leveraged to add to the stress while we are both still employed full time in our careers and do not plan on quitting our jobs to go fully into real estate. 

I am in the phase of practicing deal analysis on possible investment properties in the area I am looking to invest in. The property would be a multi family that me and my wife would live in one unit and rent out the rest. Where I am looking for guidance is we plan on using a larger down payment of at least 50% to be on the conservative side of leverage. Using this to measure cash flow and a few other metrics seems to make most properties I run numbers for very good opportunities. I am afraid we will fall for a property with a false sense of a good deal.

Are there any suggestions to help me run an analysis that would better account for the larger down payment and allow me to better analyze potential properties in the future. Thanks in advance for the advice!

Bryce, Thank you for the response. Lots of helpful tips that will help me move forward in my initial stages of investment. I have found a few REI meetups in my area that I plan to attend in the next few weeks, so that was a great idea!

I've also considered reaching out to local property managers to see if they offer any part time work regarding the miscellaneous tasks you mentioned as well. Also started focusing on researching available options in the area that are in my buy box criteria to get me more familiar with what the area has to offer. 

Thanks again for all the suggestions and let me know if you have any further suggestions as well, I am always willing to listen and learn. 

Me and my wife are planning on starting our investment journey by buying a multi-family home that we would live in as our primary residence. Before this we are planning to go debt free in the next 4 months. Then after that is achieved, we will begin saving for a down payment on our first house that we plan to buy in the next 2-4 years. I am someone who learns by doing, and beside reading as many books as possible during this time I am looking for ways to get my foot in the door of real estate investing. I work as a nurse, so I do normally have four days off per week that are free to explore real estate further but starting next month I will be working nights for the foreseeable future. 

I am not looking to get a real estate license for now, so that has seemed to limit my options as well. Any suggestions or pointing in the right direction would be appreciated. I am looking for any type of avenue that would give me first hand experience in any aspect of real estate investing, managing, etc. Thanks in advance for your help!

P.S. I am in the PA market in the suburbs of Philly and looking to invest in the Lehigh Valley area or as far south as Quakertown area.