Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

17
Posts
4
Votes
John Duclos
  • Real Estate Broker
  • New York City, NY
4
Votes |
17
Posts

First Time Buyers in major areas

John Duclos
  • Real Estate Broker
  • New York City, NY
Posted

Hi Community. 

I live in New York City as a real estate broker (started in residential now do commercial leasing). My biggest concern is that in this market even a total fixer uppers in less than A+ neighborhoods go for high six figures.  

How would you suggest starting out in an area where the financial barrier to entry is rather high?

Thanks All,

Jack 

Most Popular Reply

User Stats

58
Posts
28
Votes
Brian Whelan
  • Real Estate Broker
  • NYC Metro Area
28
Votes |
58
Posts
Brian Whelan
  • Real Estate Broker
  • NYC Metro Area
Replied

Hi John - Northern Jersey definitely will give you better value if trying to start out. Towns that are on the train line area always going to be popular out there. Hop on the path train to Jersey City and check out some of the areas there too, Places like Journal square are particularly up and coming in my opinion!

Loading replies...