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Updated over 8 years ago,
New Investor out of NYC
Hi everyone-
I am a new investor starting out and looking to invest in multi units in Bronx, Brooklyn and Staten Island. I know NYC market is tough to get into but I am considering live auctions and foreclosures to start. Looking to network with agents and other investors who are also looking into NYC. I am going to my first live auction this week and hopefully that will give a good indication of the true sharks swimming in NYC markets. I am also open to the tri state area markets but I don't know too much about them yet. I am more interested in generating cash flow in B and C neighborhoods so I am looking into buy and hold strategy as of now. Hope to be part of this community for a long time!
Sol