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Updated about 10 years ago on . Most recent reply

User Stats

43
Posts
11
Votes
James Zhang
  • New York, NY
11
Votes |
43
Posts

New member from NYC

James Zhang
  • New York, NY
Posted

Hi Guys, 

A newbie from the NYC area.  I was very close to investing in the Dallas/Fort Worth market with a friend prior to finding the site.  I soon realized how naive my assumptions were in my cash flow models.  I realized that i need to educate myself.  This site is a great resource.

Given the fact that I live in NYC, my investing opportunity in my home market is pretty limited (not nearly enough saving for places within 1 hour of driving distance).  I have been pretty intrigued by the idea of turnkey properties.  However, after some preliminary research, it seems that the field is littered with traps.  Could anyone show a newbie where to start for turnkey properties?  

Also, I would love to get out and actually talk to RE investors, Realtors and Contractors.  Any tips on how i could go about doing that around this area while my investment tragets are not really in the area?

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