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All Forum Posts by: Sarah Miner

Sarah Miner has started 1 posts and replied 5 times.

Post: Mom looking for passive income / opportunity to build generational wealth w/ $200k

Sarah Miner
Posted
  • Posts 5
  • Votes 2

Wow this is so helpful @Jim Pfeifer! Thank you very much for taking the time!

Post: Mom looking for passive income / opportunity to build generational wealth w/ $200k

Sarah Miner
Posted
  • Posts 5
  • Votes 2

This is so helpful @Samuel Eddinger! I'll DM you for sure. Thanks so much.

Post: Mom looking for passive income / opportunity to build generational wealth w/ $200k

Sarah Miner
Posted
  • Posts 5
  • Votes 2

Thanks so much for taking the time, Wale!

Post: Mom looking for passive income / opportunity to build generational wealth w/ $200k

Sarah Miner
Posted
  • Posts 5
  • Votes 2

Thank you so much for your thoughtful response, Nicholas! Do you think there is a better, more lucrative strategy than BRRR in this market (such as flipping)?

Post: Mom looking for passive income / opportunity to build generational wealth w/ $200k

Sarah Miner
Posted
  • Posts 5
  • Votes 2
  • Hello! I just finished reading How to Invest in Real Estate and am excited to start my journey investing. I'm here because I have been grinding in NYC for the past 15 years and, as a mom of 2, I'm looking for more flexibility through sustainable, passive income. I also want to create some long term generation wealth for my kids. I am currently based in Brooklyn, NY but my family and I are moving up to Fairfield, CT in June. My gut is to focus on that market because I have a little bit of a team already built there (a trusted broker, a contractor who will do the work at cost, an interior designer), but maybe I am limiting myself to an expensive market by only looking there? I just feel like it's the most comfortable way to get my feet wet. I have about $200k to invest in my first property. I am leaning towards buying a new single or multifamily home and leveraging BRRR, but another option I have is to house hack. The home we are buying has 1 acre of buildable property where we could build a barn and rent it out. I am most overwhelmed by analyzing a deal and am very open to mentorship if anyone out there feels like helping a young mom get started out! I have a strong sales & marketing background in tech and would be more than happy to help you in any way I can as well. Thanks for reading!