I'm a new investor and I'm currently in a course where i paid 5k for a lifetime membership with conference calls once a week with the pros, I'm trying to figure out the best way to proceed in my area. I'm probably getting a refund from the course i have a 30 day money back guarantee it's not really breaking down the micro details of what to do, just like most courses out there its really vague and a sort of do the research yourself type stuff. I'm looking to buy houses with a big enough profit margin to make it worth while, currently i have about 95k liquid and 45-50k in assets and would love to know anyone's thoughts if they were in my area and in my shoes. 1.What areas to stay away from and why in LI,NYC,NJ. 2.What a basic flip costs using meaning lets say a full rehab or at least getting a close enough ball park figure to make a close to correct offer. 3.What an appropriate price per sq foot would be in the middle class areas of NJ,NY,Li. 4. Is my area a good area for rentals since its more liberal and there's more laws protecting renters or should i just focus on fix and flips. 5.Who should i be getting in touch with such as based on what I'm doing? like should i get a consultation from a real estate attorney or someone who specializes in real estate tax laws etc? 6.Are there any details i should be looking into in these areas before i dive in and why? I really appreciate any help from you guys, Thank you.
