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Updated over 9 years ago, 08/25/2015
New York Editor Looking to Make a Change
Hi!
My name is Robert, and I live on the Upper West Side of Manhattan. I'm currently in the publishing world, and I would like to begin investing in real estate. Ideally, I would like to acquire a 3 unit building in the South Bronx, where real estate is relatively cheap, and I believe chance for appreciation in the next five to ten years is very good. The only problem? I have never invested in real estate before, and...don't really know where to begin. Am I biting off more than I can chew? Is it better to start with a single family home in more of a suburban area (I could easily shift my search to New Jersey)?
In any case, I'm incredibly passionate about real estate — don't even get me started on how I procrastinate my work with Trulia and StreetEasy — and I'm excited to be a part of the BiggerPockets community!
Thank you!
Robert