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All Forum Posts by: David Hong

David Hong has started 3 posts and replied 4 times.

Buying & Selling Real Estate

Post: Thinking about buying a condo in woodside

David HongPosted
  • Posts 4
  • Votes 3

Thinking about buying a condo with 2bed 2bath for ~700k in woodside, Queens NY. I think price pount make sense since with 3000 all in monthly payment and I am pretty sure I can rent it our close to that if I have to.. any thoughts on this? Is woodside an ok area to buy a condo at?

0 Votes
Multi-Family and Apartment Investing

Post: Rental properties in NJ (which area)

David HongPosted
  • Posts 4
  • Votes 3

Hi All -

Any 2-4 units that may generate positivr cash flow in NJ or close to NJ? Any reccommedationfor areas to look into?

0 Votes
Starting Out

Post: Need advice for out of state investing from NY

David HongPosted
  • Posts 4
  • Votes 3

@Filipe Pereira thanks for the advice! Can you please share some of those listings? I would like to evaluate..

1 Vote
Starting Out

Post: Need advice for out of state investing from NY

David HongPosted
  • Posts 4
  • Votes 3

Hi - Currently residing in Queens, NY amd have about +$200k for downpayment and want to invest in units as rental property (i.e 3-4 units or duplex).

However, as most of you are aware, it is near impossible to find a property that generates positive cash flow in NY/NJ area and wanted to get some of your insights on how to move forward. Is there any places you recommend to invest in out kf NY or NJ? If out of state is better, where would you recommend? I understand property mgmt is the key...

2 Votes