Multi-Family and Apartment Investing
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

Advice for someone starting in New York
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
@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!