All Forum Posts by: Ryan Muska

Welcome to the BP Forum! 

The multi-family scene is really strong in Newark right now. Also, fix and flip or the BRRRR strategy are very strong there as well.

 I agree with this. Currently struggling with the unfortunate reality of tenants disliking it. Suggest staying far away from it!

I currently have 10% of my net worth in stocks and the other 90% in real estate. 

This is not my end goal/intention, I'm just young and don't have a lot of net worth. 

My end goal is to have about 25-40% in the stock market/bonds/etfs/etc. and the rest in real estate. I want to be heavier in real estate, but I don't want to have all my eggs in one basket, as they say.

Seems sketchy. Are you working with a real estate agent? They would know much more about the situation/what to do.

House hacking!!!! 

Lowest risk, teaches you a TON about real estate (everything reading and podcasts can't teach you about the purchase and ownership process of RE investing), and can be done while also allowing you to not have to rent!

I work with people in PA, and I'd love to connect if you ever have any questions!

House hack is the least risky and it teaches you everything books can't.

You really don't know what it's like to purchase and own a home until you actually do it. 

So, use that 22.5k to house hack a multi-unit and put down the minimum (sometimes as low as 3%). Then, use the first year you are in the property to learn as much as you can about owning a home; this will most likely be very humbling. 

After that first year, house hack again! Or, if you are comfortable, then go onto a non-owner-occupied (NOO) investment.

Good luck, and if you ever want some insight/need help feel free to connect with me! I always love helping out!

Use the "Find an Agent" button at the top of the website to find a suitable choice.

I work with clients in CT often, and I'd love to help out if you ever need!

Good luck with your search!

Check out The BRRR book by David Greene

I'd love to provide any insight and help if you ever need!

Welcome to the REI Industry!

Turn-key is difficult to have cashflow.

I work with clients often in FL and would love to connect if you ever have questions or need some insight on deals!

It works if you are near a military base, large hospital network, or are coordinating with large traveling business companies.

That being said, the risk and roi are much higher. Higher costs due to more changes in tenancy, but there are also higher rents you can charge