All Forum Posts by: Parth Patel

Hope this isn’t too personal, but I was curious to know how much capital some of you may have started out with during your first real estate investments? How did it impact you from a financial perspective? Was your first investment a long time ago or recently?

@Will Pritchett thank you for the suggestions; will add them to my list!

Looking to really dive into any books/resources to understand real estate investing! Thank you!

Hey everyone, So I need a little bit of advice. I'd like to put 20k down on a property in either NJ/PA. I plan on renting out the unit/units. I know that it'll be difficult to find a property worth 100k in Jersey but have any of you had luck? I'm not sure what type of rental property I should start out with (i'd like a multi family if its possible). Also what types of properties generally require less effort? I'm making a relatively large investment (1m+) in the restaurant Industry so most of my time will be focused on running my restaurants. I'd like to keep my investment low until I get my feet wet. *I'm still doing a lot of research to learn as much as possible but i'd like to get an idea of what I should expect. Thanks.

Hey everyone, So I need a little bit of advice. I'd like to put 20k down on a property in either NJ/PA. I plan on renting out the unit/units. I know that it'll be difficult to find a property worth 100k in Jersey but have any of you had luck? I'm not sure what type of rental property I should start out with (i'd like a multi family if its possible). Also what types of properties generally require less effort? I'm making a relatively large investment (1m+) in the restaurant Industry so most of my time will be focused on running my restaurants. I'd like to keep my investment low until I get my feet wet. *I'm still doing a lot of research to learn as much as possible but i'd like to get an idea of what I should expect. Thanks.

Thank you!!

Thanks everyone

Hey everyone, I was wondering what tools I can use to determine vacancy rates in my area? (NJ/PA) Also how would I determine if a certain area is not a good place to purchase a rental? Are there any helpful tools I can access on the web? Thanks.

Patrisha Leybovich Christopher Phillips Bret Faszholz Thanks so much guys you have no idea how much that helped me out. I've already started looking up CMA videos. Will definitely ignore zestimates from now on. Are there any other websites I should use in terms if market analysis? I'm already using city-data. I'm planning on making my first investment in either NJ or PA. Still have a lot to learn but i'm hoping to be proficient enough to invest by June! Thanks again

Hey everyone, I'm planning on sealing my first deal by June. I currently live in NJ/PA and would love any type of advice. I plan on pursuing rentals but i'm not sure what type of homes I should pursue. Also are there any areas filled with opportunities/ areas I should avoid? I'll be doing my own market research for sure but i'd love to hear from anyone who has had success in these areas. *If anyone is willing to do this: I'm trying to practice my analysis skills but need someone to look over them to make sure i'm not screwing anything up. In exchange for your input i'd offer you a few deals i've analyzed a week. If my analysis sucks then I'd learn from the process, but if the deal is solid, then you can potentially pursue it. Thanks.