BRRRR Long Island

[Kevin Lynch]

Greetings,

I'm excited to join the BiggerPockets community, though I've been an avid listener of the podcasts for some time now. After much consideration, I've resolved to take action and pursue a BRRRR property. As a real estate agent based in New York, specifically on Long Island, I'm eager to hear from anyone who has experience with BRRRR properties in this area or has valuable tips to share. Thank you for your insights and have a fantastic weekend.

[Nadeem Alamgir]

Hey Kevin, I'm originally from Queens, New York. I was also looking for BRRR opportunities in NY. Overall, the market is not easy to break into as a new investor. I moved to Ohio and now work as an agent and a new investor in the Cleveland market.

Single families are in the 90-120k price range, and duplexes are in the 120-180k price range.

Many out-of-state investors have grown their portfolios in Cleveland using the BRRR strategy. The market is investor-friendly and has a low barrier to entry.