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Updated about 7 years ago on . Most recent reply

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Oscar Garcia
  • New York City, NY
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Do I need to move to get started in real estate?

Oscar Garcia
  • New York City, NY
Posted

I am 18 years old and living in NYC with a keen interest in real estate. My goal is to start a development company but I want to get started with investing. However, in all of my research the numbers being worked with are minuscule compared to comparable properties in NYC and as a college student I don't have that type of money to shell out. Is it even possible to start out in NYC if I find the right investors/mentors or should I consider moving to an affordable area with a growing population (at least compared to NYC) to start my career? Any advice would be much appreciated. 

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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
570
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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
Replied

@Oscar Garcia I would just live in New York and utilize your higher salary you get there to have more purchasing power in a more cash flow friendly market. Assuming you can get a job in New York and want to stay of course. The internet has made it so easy to invest out of state nowadays. 

  • Jeremy Taggart
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DHRE- The Jeremy Taggart Team
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