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Updated about 6 years ago on . Most recent reply

Joseph Urbinati's profile image
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Joseph Urbinati
  • Attorney
  • from New York, NY
  • Member since Jan 22, 2019
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Joseph Urbinati's profile image
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Joseph Urbinati
  • Attorney
  • from New York, NY
  • Member since Jan 22, 2019
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Joseph Urbinati
  • Attorney
  • New York, NY
3
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Starting Out

Finding a niche in NYC

Joseph Urbinati
  • Attorney
  • New York, NY
Posted

I've been searching the NYC area for types of properties to buy/hold/rent out. I've tried looking at purchasing single apartments, but I haven't been able to get close to my goal of 15% cash-on-cash return. Does anyone have any other sorts of ideas for approaches that might be able to get a bit closer to 15%?

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Raul R.'s profile image
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Raul R.
  • Rental Property Investor
  • from New York City, NY
  • Member since Jul 23, 2017
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Raul R.
  • Rental Property Investor
  • from New York City, NY
  • Member since Jul 23, 2017
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Raul R.
  • Rental Property Investor
  • New York City, NY
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Raul R.
  • Rental Property Investor
  • New York City, NY
Replied

@Joseph Urbinati

It will be very difficult to find the returns you are looking for. I suggest look Out Of State

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