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All Forum Posts by: Diego Navarro

Diego Navarro has started 1 posts and replied 2 times.

New Member Introductions

Post: My Introduction from New York

Diego NavarroPosted
  • Posts 2
  • Votes 1
Originally posted by @Moises Suazo:

The median home prices in ny are way above the national average. Doesn't this present a big risk for him if the housing bubble were to burst?

You're absolutely right about the home prices in NY. They're are above the national average. So I'm planning on buying homes outside of NY like NJ. If the housing bubble were to brust I wouldn't care because I plan on buy and holding houses for the long run. As long as my cash flow from my house isnt effected by it then I'm good. I could be wrong but this is why I'm here to learn 

0 Votes
New Member Introductions

Post: My Introduction from New York

Diego NavarroPosted
  • Posts 2
  • Votes 1

Hello everyone,

My name is Diego, 24 years old from New York City. A high school teacher of mine who is teaching economic and finance got me thinking of how to invest my money. He suggested in real estate and how benefiting it is long term. At the time I didn't have the money or any information about how to start it. But recently I currently have a well paying job that allowed me to save 10k+ and still counting. My vehicle is to hold and buy multiple family rentals and work my way into financial independence.

Thank you :).

1 Vote