I am considering to buy an empty lot, then build a single family house, and finally sell it.Do you think Staten Island is a good place for this business?

I’m beginning my journey into real estate investing with the goal like many of you of generating passive income and discovering financial freedom without having to rely on a “day-job” for much longer, so I can travel more and spend more time with my young kids/family.

Welcome to the world of real estate!

Send me a PM if you'd like to discuss!

A pleasure to join BP.

I know on my new builds since we cant put the BAC on the listing the brokers bringing in Buyers just pop in what they want to make and well its more than I am willing to pay when I have to build the house for them and meet with them time and again.

For out-of-state networking, I'd focus on engaging regularly in BP forums (like you're doing now), joining virtual meetups in your target markets, and connecting with active BP members who consistently provide value here. 

What software did you use to manage the renovation?

I went to Google and searched for "New Jersey purchase agreement" and came up with a lot of options, including the official REALTOR contract.

If you are going to self manage your property, then I would not want my tenant to know my name.