NYC <> LA Investor looking to network <> buy/hold rentals

[Colin Specter]

Hello my BP friends! Super pumped to be here! 

Huge shoutout to my savvy BP friend, Brett who told me about this network- I am HOOKED!  

Intro: Currently living in NY and working in sales for the SaaS world in the East Village of Manhattan. However, I am originally from LA and looking to invest in both markets. 

Question for the buy and hold strategy gurus in NYC and LA, are the mainstream LA and NYC markets still ripe for purchase? Would you wait to get in? Or does it not matter as much if the strategy is buy & hold for 20-years? 

My goal would be to at least break-even for now and hold on for equity build. Thanks for your thoughts and welcomes ;)

Cheers,

Colin