Whether or not you'll be able to lower your current living expenses by househacking will depend on:- the type of property- property taxes - which are relatively low in BK compared to other counties- down payment- projected incomeThat said, househacking in NYC is totally doable and most first-time househackers find success in located small multifamily properties (2-4 units) preferably with some sort of additional income potential (i.e.

I'm looking forward to networking, and meeting like-minded individuals, maybe future partners, lenders, agents, contractors, etc.

I can’t speak to turn key properties that have management in place because I self manage but I’m looking to buy more properties like this in the future.

If you are adding value to other groups you'll have doors open that allow you to learn the ropes on other people's deals vs on your own and potentially losing a lot of money and getting way too many grey hairs and wrinkles ;) The 5 Key Partnerships You Need in Real Estate 🏘️🌟 Mark your calendars for Wednesday May 15th, at 1 PM EST!

At some point early on you will have to pull the trigger and have them do the work so they see that there is a symbiotic relationship.This used to be true, but nowadays you will just lose out on a lot of really good and talented GCs who are tired of being told - "hey take a look at this house for free and I'll give you a lot of work in the future....as long as you work for cheap".

Look for areas with high rental demand, low vacancy rates and potential for appreciation. 

There are some that can walk into a house and right away determine how to fix it in such a way as to create, light,space and potentially add value. 

The earlier you start in your RE journey, the better off you will be in the future.

Also the tax amount on the tax rolls is not the tax you pay in the future, it is based on the new sale price and will increase according in due time. 

I think I am almost ready to buy a condo - $270k with rental potential of $1950 and HOA+Home Insurance of $400 in decatur.