Legality of Wholesaling in New York, specifically Kings County

[Cazemba Richards]

Hello my fellow mates,

I am very new to real estate investing and I'm still in the early learning phase. After a few weeks of research I have decided that I want to start my investing career with wholesaling in New York City.

Has anyone been successful at wholesaling in New York City or specifically in Kings county? Also are there any specific laws that you paid attention to while doing a deal?

Thanks, 

[Kedian Jimenez]

@Cazemba Richards Make sure you put a heavy focus on buyers as well. yes even before you have deals. Network and let them know you are actively looking for deals and you will be sending it to them whether through meetups, investment groups, social media, etc.

There are plenty of distressed properties every where. Yes it is a hotter market(more competitive) in NY but with the right effort and reputation building you will start getting the deals flowing to you as well. There are more deals than there is investors/people to capitalize on it. If you come out with the the abundance mindset you'll quickly realize there's enough to go around. I would learn how to market properly if I were you and find ways of getting the Off Market sellers which effectively represent 70-80% of the best deals. thats why other investors will pay you for the deal, because they couldnt get to it.