Newbie! Manhattan/NYC Resident

[Ilona Kovacs]

Hi All!

I am from NYC (downtown Manhattan)

I am completely new to the investing arena.

I am not planning on investing in my local area but am looking for an area to invest in.

My challenges are the following:

1- I am looking for a niche with a high return (my goal is to cover my expenses, fund my current business (I'm in the food business) and have passive income for later in life. Unfortunately, I do live in NYC and my husband and I have very high monthly expenses (approx $35k/mo)

2- I, personally, am an introvert as well. The idea of knocking on doors and cold calling is not what I would like to do. Is there any niche in real estate investing that wouldn't be that aggressive??

3- What areas should we start in? I thought of Brooklyn or parts of Queens, but maybe what we should is go way outside of our area?

Any advice would be helpful.

Thanks!

ilona