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Updated almost 11 years ago,
Hello from Brooklyn NY
Hi all
Glad to have joined
Just a little background on my "investment history". Bought 2 houses in Baltimore through a friend 2 years ago. Put in some money for basic/advanced cosmetic repairs. Held onto it for 2 years in which I didn't see a penny due to numerous reasons. So I just sold them off recently. Made like 12% profit.
Now i'm looking to invest closer to home, so that I can have a handle on things and be on top of it rather than rely on someone else. The million dollar question for me is where is my niche? What area, neighborhood, city, will I tackle and make it my comfort zone? Obviously it has to do with my goals. For probably the wrong reasons, which are to turn a quick profit, i'm looking for the buy, fix and flip deals. Perhaps I should look into wholesaling, holding, etc. But for now I think i'll go with the flips
I'm looking at places in NJ; Newark and Patterson, as well as Staten Island NY
If anyone has any experience with any of those places please contact me
For now, make it a great one