nyc properties

[Arthur D.]

I've noticed that a lot of properties talked on here are under $100K.

Avarage nyc property is $300K-$600K for a 2fam. Pretty expensive for a biggener with no $. But good credit and ik job. I can get $100K loan from bank any day. $600 is little more harder and risky in case something goes wrong.

[Darren Sager]

Money is made in real estate when you buy.  Most of us know that.  If you're a buy and hold investor and purchase at the right price you'll make money anywhere, NYC included.  If NYC wasn't such a good investment on a long term basis why would it be attracting so much investment from people around the world?  Its the number one city for investment in not the United States, but North America.   In my opinion its good that the barriers to entry are so high because if they weren't your investment would have a much greater chance of going sideways or down.  Look at any market as a whole after the last market crash.  The NYC metro area overall did not experience the downs that others did percentage wise and rallied back faster.   Its a much safer bet in my opinion.  I love NY!