All Forum Posts by: Redi Yib

@Vaughn Smith this is super helpful. Thank you! Do you think that these options will shift during covid and post-covid?

@Lemarr Chambers That's very interesting but not surprising bc it's NYC. Thank you for sharing that! Is that your second property? How's the market in Queens? If you don't mind sharing what worked for you to make the offer? Thank you!

@Jonathan Greene that’s a good point. I’m hoping to catch the call tonight. I missed the last one bc of conflict on my schedule. Thank you again for organizing it!

@Jonathan Greene Thank you for this insight, very helpful! I'm glad I've subscribed to your list to get started and I'll keep the MLS point you raised in mind as well. The other thing I'm struggling with is how to narrow my search area by zip code or city. Ideally, an hour drive away from the city would be great but there are different markets as you pointed out. The choice depends on my budget and criteria at the end but do you have any tips on how best to navigate this phase of research? I think driving by and actually going to selected places will help, but I'm sure there are more considerations that savvy investors such as yourself keep in mind.

Thank you, Erickson! Do you've states or markets that you typically focus on outside VA Or do you invest where you live?

Hi all - This community keeps on giving and I'm so grateful for you all! I've been reading a lot about multifamily investment (up to 4 units) during these past two weeks and I'm inspired to take it more seriously. I currently rent in NYC and I'd like to buy my first property where I can live (hopefully within 1 hour drive distance) and also generate rental cash flow. I've started to use the BP rental property calculator so I can be better at analyzing deals, but in the meantime I want to learn from the experts here so for those who focus on MFU, I've some questions: 

1. Where do you find your deals? 

2. What numbers do you need to truly evaluate whether to purchase or pass?

3. What are the things you wish you knew now when you started investing in MFU?

and last but not least, do you have any suggestions of people I can connect with or resources I can review while I'm in this research phase?

Truly grateful for your response and guidance!

@Chris Tracy this is exact aly the type of info I’ve been looking for. Thank you for sharing. I know this was a few years back but I’d be curious to hear if you still offer support for newbies. I’ve sent a request to connect. Thank you in advance.

@Victoria Somerville this is a very helpful post. I’m in the exact position you were in a few years ago. I came across his program and it’s a lot of money. I’m curious to hear what did you end up doing after this research phase?

@Kim Tucker thank you for sharing this important resource.

@Jonathan Greene

Thank you for the response. It does make sense to learn on my own until I feel certain that I could do better with coaching programs. I'm leaning towards coaching or a program that can help me make informed decisions because I tend to analyze things, which I've heard is bad for REI. At the same time, I take a blame in making decisions so quickly so I'd like to find a balance in between.