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Updated about 9 years ago,
New York Investor looking to expand to other markets
I am an investor from New York and am looking to invest and diversify into other markets. My family business has invested in real estate since 1999 and we have focused on the Bushwick, Ridgewood, and East New York neighborhoods. These areas prices have increased significantly and we are looking to move about 25% of our portfolio out of nyc. I am very interested in what people have to say about opportunities in the markets they specialize in and what type of returns are possible. We are looking to make a decent sized foothold of at least 100 units (hopefully more) in the new market we expand to. We can purchase up to 15m in real estate and would love to see what is available.
Additionally This week I am on a trip to Chicago so if anyone has any insight on the market or has a couple good listing I'd love to hear about them.
Thanks,
Anthony