Advice on NYC rental markets in Queens, Brooklyn, Long Island

[Jon Pflueger]

I am a student in NYC, and have been working towards starting a wholesale company in the city, mainly focusing on servicing residential properties in Queens, BK, and LI. I was wondering if there were any seasoned NY wholesalers who have advice on where to find the most accurate and up to date market data, as well as successful strats to find 'motivated' sellers. I was also considering broadening my search to North Jersey, but I am unsure if I will need to change my contracts and tailor them to each set of state laws. Any advise is appreciated.

-Jon

[Jonathan Greene]

Quote from @Jon Pflueger:

Honestly, I don't mind @Jerryll Noorden. I have never experienced an industry where 'leaders' have to argue so hard to prove their philosophy. Watching you two go back and fourth is more insightful on what to expect from possible colleagues and competition. @Jonathan Greene, I dm'd you on instagram with a friendly challenge. You seem extremely confident in your initial claims, take me up on it.

Either way, I do appreciate the honest feed back on my posts from both of you, I understand that NY is one of the hardest markets to succeed in, but I am a firm believer in the Stockdale Paradox (Jim Collins, Good to Great).

Best,

-Jon

This wasn't a back and forth. I have nothing to sell you and no reason to tell you something won't work if it will. What would I have to gain from that? If one person has nothing to gain and one does and has a call-to-action, there is a sale in there. It doesn't mean it can't work, but one is incentivized and one is not.

Whatever the challenge is, it isn't for me. You are missing the point. It's not that I am confident about my claims, I am sure. People can wholesale in NY state, but NY City is not the same and the methods used to do it in other places will not work in NYC, Bronx, Brooklyn, or Queens. I grew up in Brooklyn and have been walking investment properties since I was 2 years old in New York with my dad. If you believe you can do it, you should, but it's not a contest about who is right. Everyone does it their own way, but not everyone has something to gain.