Invest In NY Area Real Estate Meetup with Speaker Darren Sager

[Nazimcan S.]

Welcome NY metropolitan area investors!

Experienced and beginner alike, on our path to financial freedom, we will be discussing opportunities and state of affairs for investing in the NY metropolitan area.

We are excited to have @Darren Sager  as our speaker. 

- Real Estate Investor

- BiggerPocket NY Meetup Organizer

- Podcast guest on BiggerPockets episode 048

https://www.biggerpockets.com/renewsblog/2013/12/12/bp-podcast-048-duplex-managing-tenants-darren-sager/

- Works primarily with investors to find deals in NY / NJ area.

An evening of networking, strategy and staying in the know about opportunities as we grow our investor community. From the city’s own Brooklyn to Hudson Valley’s Newburgh to Jersey’s train line towns to many other areas abundant with possibility. Whether it be a small multifamily or a single family vacation rental, as tough as it can be, our area also offers us so many different strategies. This is where we share the latest word with each other.

There is no fee to attend the event. Limited space available.  RSVP at - https://www.meetup.com/Freedom-Frontier-Club/event...

Looking forward to seeing you all!

[Rome Wells]

Looking forwards to attend this meeting, count me in.  I figured since this is possibly the most closely relevant meetups... I figured i'd ask this question... I was hoping that maybe some folks in this group can take a look at this property before the meetup http://www.loopnet.com/Listing/174-W-Lincoln-Ave-Mount-Vernon-NY/11757946/ 

I am having difficulties making heads and tails of this property... On paper looks good, broker doesn't respond... financial freedom with this property seems like right around the corner... Yet.. there is abandoned building next to it... Any ideas anyone?  Good Bad Impossible to tell... first impression... ?

Feel free to analyze it and then maybe during the meet up meeting if anyone has any advice about it... can help me out in figuring out whether or not it's a good deal or bad deal... from appreciation stnadpoint and from well... providing that this group focuses on Metropolitan area... of NY... any other standpoint...

I figured if i mention this property before the meetup ... maybe some folks can shed some light... 

The scoop of the deal is... well... owner is a lawyer.. retiring... building seems like not too much hassle... tenant is living in there area is well i would say C+ but transitioning rapidly into I would between C+ and C as you keep driving East...

Appreciation vs Yonkers... minimum... easier to evict though... tenants... overall expenses look a bit realistic.. yet the rule of thumb says otherwise... however... given the circumstance that this is 8 unit building, perhaps rules of thumbs can be relaxed a bit... since it's not 20 unit or anything in that nature...

Rents have some upside potential... by the look and feel in comparison to any other houses.. that I have seen in Yonkers... and New Rochelle.. and based on my initial drive by... looks like this property is a keeper... however... i am still a bit concerned... of abandoned building next to it... as described in my previous post....

I figured meeting in Manhattan with other like minded folks and crunching the numbers or sharing suggestions with one another... maybe somehow will help all of us to connect. Note this will be my 2nd meeting in Manhattan. 

I do not know what to expect from this meetup (other than of course talking to like minded folks and learning from other folks and exchanging ideas/recommendations/suggestions/strategies and beyond).

I am not sure if it's going to be a formal or informal meeting or Podium type of meeting where one person speaks and other listens... or it will be sort of free for all type of atmosphere where folks are simply interacting with one another and discussing their journey towards financial freedom... still a bit not sure what to expect... but count me in...   

My last meeting... that I attended it was truly awesome, i was surprised to find other people with similar mindsets.