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All Forum Posts by: Felix L.

Felix L. has started 8 posts and replied 27 times.

Post: New Member From North Jersey

Felix L.Posted
  • Summit, NJ
  • Posts 32
  • Votes 9

Hello @John Gray . Im also looking to invest in NJ. It help s to have a realtor wife. Good luck to you on your venture. 

Post: Hello from Northern Jersey

Felix L.Posted
  • Summit, NJ
  • Posts 32
  • Votes 9

Hi @Thomas Marchese . Welcome to BP. What made you decide to invest so far away?

Post: nyc properties

Felix L.Posted
  • Summit, NJ
  • Posts 32
  • Votes 9

@Darren Sager 

Originally posted by @Darren Sager:

" If NYC wasn't such a good investment on a long term basis why would it be attracting so much investment from people around the world? "

I would like to be able to invest in NYC but the Purchase Price vs. Rent ratio there doesnt seem to fit into any of the cashflow criteria that are being discussed here in this forum(ex: the 2% and the 50% rule), or am I missing something?

(Sorry for the repost, still learning how to tag people.)

Post: nyc properties

Felix L.Posted
  • Summit, NJ
  • Posts 32
  • Votes 9
Originally posted by @Darren Sager:

"  If NYC wasn't such a good investment on a long term basis why would it be attracting so much investment from people around the world? "

I would like to be able to invest in NYC but the Purchase Price vs. Rent ratio there doesnt seem to fit into any of the cashflow criteria that are being discussed here in this forum(ex: the 2% and the 50% rule), or am I missing something?

Post: New Investor NY/ Northern NJ

Felix L.Posted
  • Summit, NJ
  • Posts 32
  • Votes 9

Hi @Marcin Ferenc 

Are you a member of any REI groups that you can recommend?

Post: New Investor NY/ Northern NJ

Felix L.Posted
  • Summit, NJ
  • Posts 32
  • Votes 9

Hello everyone.

My name is Felix. I work full time in IT and am looking to continue working full time and get into as many buy and hold investments as I can on the side.  I have recently come across BP. There is so much information here that I wasn't able to get at before and am looking forward to becoming part of this great community. The podcasts are fantastic. I read a couple of realestate books previously but nothing comes close to the practical information I'm finding here in the podcasts and forums. From my research so far, I can't seem to find any decent investment opportunities in the NY/ Northern NJ area.  Is anyone having luck finding decent buy and hold investments here?

Regards,

Felix

I will attend. 

Regards,

Felix