New member from NYC

New member from NYC

New York City, NY · Member since 2014 · 16 posts · 4 votes

Hello, my name is Amy and I'm new to Bigger Pockets and the world of real estate. I'm excited to get involved in the Bigger Pockets community, I've been reading through the articles and forums over the past few weeks, there's some great information and resources here!

I wanted to introduce myself and tell you a little bit about my goals. I'm looking to generate some passive income and long term wealth through buy and hold investment properties. Right now I'm trying to learn as much as I can and buy my first investment property. Since I live in NYC, I can't afford to invest in my local area, even if I could, the numbers don't make sense! Turnkey properties out if state in growing cities seem to make the most sense to me. If I could find properties close enough to NYC to try to mange myself I would be game for that idea as well! I would like to start with two or three properties and grow from there. Any help navigating this terrain would be much appreciated! I've also enrolled in a real estate licensing course in an effort to learn more about the business.

This website seems like a great place to share ideas and network with others who have similar goals, I'm looking forward to engaging with all of you! There is so much information out there, it all seems a bit overwhelming and intimidating right now, but I'm confident that real estate investing is the smartest way I can invest in my future financial success!

1Reply
29 views

11 Replies

Jump to latestLatest
  • Will BarnardPro Member
    Moderator
    Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
    12y

    Welcome to BP Nation Amy, lots of info to learn from here, stay active on the site.

  • House Flipper · East Stroudsburg, PA · Member since 2013 · 1k+ posts · 205 votes
    12y

    Welcome to the BP family. I am sure you will receive all of the help and direction you will need from this forumn. You should review some of the podcasts that are of interest to you as well as review the articles in the learn section. There many areas within easy driving distance of NYC that should provide what you are looking for. Our market is the NY/NJ commuter which finds our area to be affordable and desireable. If we can be of further assistance contact us.

  • Involved In Real Estate · Woodhaven, NY · Member since 2013 · 77 posts · 11 votes
    12y
    Hello Amy, Welcome to BP! Always nice to see another member from the NYC area. I'm not sure what your budget is like for a property but Some residential areas of Queens still offer reasonable opportunities. Happy Investing! Javier Diaz
  • New York City, NY · Member since 2014 · 14 posts · 2 votes
    12y
    Greetings! I am also from the NYC area and agree about the high cost of entry being a barrier to entering the game.
  • Darren SagerPro Member
    Investor · Tampa, FL · Member since 2013 · 2k+ posts · 1k+ votes
    12y

    Welcome to BP @Amy Meza ! A good way to begin maximizing BP is to read the Bigger Pockets Ultimate Beginner's Guide to Real Estate Investing as Josh and Brandon did a great job with it. It would be great to see you be an active member of the BP community as @Will Barnard mentioned. Set up Keywords Alerts as for possible areas of interest such as "New York City" or "Long Island" if you're looking to find potential opportunities for investing or other members in your area. My personal thoughts are to start off as local as possible and deals in the NYC are do exist. Check out the Find Members area to possibly network for potential deals. The Bigger Pockets Podcasts come out weekly and are another great way to learn on the move. If you appreciate a post that a fellow member put up responding to you be sure to show them you liked it by casting a vote for it!

    And lastly I highly recommend becoming a Pro or Plus member of the site to take advantage of all that BP has to offer you. Again welcome to Bigger Pockets!

  • Real Estate Coach · Venice Beach, CA · Member since 2012 · 6k+ posts · 3k+ votes
    12y

    Welcome! I hear you, I live in LA so can't buy properties locally either. I have always bought turnkeys myself, so if you ever have questions or anything I can help with, let me know.

    Good luck!

  • Bronx, NY · Member since 2014 · 41 posts · 17 votes
    12y

    Welcome to BP, @Amy Meza.

    I think I might have joined BP a few hours before you. I am also in NYC up in the Bronx. I've actually found some reasonable (SFH) properties in Connecticut by auction, that are below $100k, and that are not in a distressed zip code.

    These folks on BP seem to be willing and talented to explain the finer details of real estate investing. If you want info on the Bronx, Forest Hills, and lower Westchester, then give a shout. Good luck. Cheers. ;)

  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    12y

    Hey @Amy Meza welcome to the site!

  • J. MartinPro Member
    Rental Property Investor · Oakland, CA · Member since 2011 · 3k+ posts · 2k+ votes
    12y

    Welcome Amy . There are a lot of super helpful people and great advice on this site! I’m a ‘fix and hold’ investor from the Bay Area in CA, and loving it! A lot of others doing flips, wholesaling, notes, everything.. A few tips..

    You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the ‘vote’ button if you like someone's post or is helpful, and there are ‘awards’ to earn on your profile. The "Learn" link across the top navigation bar has lots of great info, and most importantly, the BP members! Welcome to BP, and good luck on your investments!

Join the conversationCreate a free account to reply, vote on answers and follow this thread.