23 Year old live in Manhattan Seeking Investment Advice and Connections

[Artiom Bic]

Hello BiggerPockets Community,

I'm excited to join this platform and connect with like-minded individuals. My name is Artiom, and I currently live in Manhattan. I work at a hedge fund, which allows me to save a good bit of money. I have been quite interested in buying a property and renting it out, however, I’m relatively new to the real estate world and eager to learn more.

I've been exploring various real estate investment opportunities and would love to get advice from seasoned investors. Specifically, I'm interested in understanding more about:

1. Long-Term Single Family Rentals: Insights on how to get started and what to look out for.
2. Section 8 Properties: t for. Pros/Cons, How to find management Company, How to find right tenant?
3. Investing in Out-of-State Properties: Given the high property prices in Manhattan, I'm also exploring opportunities in other states. 

Any tips, resources, or experiences you can share would be greatly appreciated. I'm looking forward to contributing to this community and learning from all of you.

Thank you!

Best,
Artiom Bic

[Samuel Diouf]

Welcome to BP Artiom,

These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

There are some great opportunities in the Ohio markets. Many investors from NY are choosing to invest in the Midwest because of the low barrier to entry and yearly cash returns making more sense in these lower priced markets. Ohio markets show up 3 times in Zillow’s 2024 hottest markets, with Columbus and Cincinnati taking the top 2 and 3 spots. I moved from Florida to start investing in Columbus because of the same reason.

https://www.zillow.com/learn/hottest-housing-markets-2024/