NYC market for a newbie...
Hey there! My name is Haley and I’ve been listening to bigger pockets and reading books on real estate for the last 6 months. I’ve saved up a little nest egg and I’d like to invest it. However, I’m located in NYC and the market prices are a little overwhelming in comparison to other parts of the states, like Nashville, where I’m from. Should I go there to invest because my nest egg will reach further, or should I keep networking until I meet people with the big bucks? I don’t want to leave nyc, but really want to do my first deal before the end of the year. I also want to make sure to invest wisely and not bite off more than I can chew.
Advice?
Most Popular Reply
Jerryll Noorden
#2 Marketing Your Property Contributor
- Flipper/Rehabber
- Wilton, CT
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NYC is brutal. Keep in mind there are always places where the price tag is not that high. CT is not cheap either... but definitely not as bad as NYC. I personally think doing business there sucks. BUT, if ONE person does it, I don't see why YOU couldn't do it either.
Just be better then them... make sure you are in every possible way and things will fall into place.



