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.
Multi-Family and Apartment Investing
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 almost 5 years ago on . Most recent reply

User Stats

30
Posts
5
Votes
Dovi Schwartz
  • Rental Property Investor
  • Brooklyn, NY
5
Votes |
30
Posts

Advice for someone starting in New York

Dovi Schwartz
  • Rental Property Investor
  • Brooklyn, NY
Posted

It is probably impossible to start yourself off in New York unless you’re born in a super rich family in my opinion. Because of the skyrocketing prices that are here I’m just a simple property what is advice you can give to someone that wants to start himself off in New York and doesn’t wanna go out to state

but doesn’t have that much money

Most Popular Reply

User Stats

264
Posts
235
Votes
Joe Aiola
  • Real Estate Agent
  • Fleetwood, NY
235
Votes |
264
Posts
Joe Aiola
  • Real Estate Agent
  • Fleetwood, NY
Replied

@Dovi Schwartz If investing in NY was impossible, then there wouldn't be any investors here. You do not have to be from a rich family to get started. My first piece of advice would be the switch this "impossible" mindset to asking "how can I?" instead. When you constantly ask how you can do something, it forces you to think of other solutions. @Nicholas Mann and @Nick Rutkowski have already provided two different types of ways to go about it. There are several other ways as well - it's definitely possible. Just have to want it bad enough and find a way to make it happen.

Might not be a bad idea to get in touch with @Abel Curiel. He's an agent who understands investing and specializes in the Queens area. He might have some different strategies for you in that market.

Best of luck!

Loading replies...