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All Forum Posts by: Nico Garcia

Nico Garcia has started 16 posts and replied 36 times.

Post: BRRRR in Syracuse, NY

Nico Garcia
Pro Member
Posted
  • Posts 38
  • Votes 16

Hi All,

I am a newer investor with 2 properties looking for my third. I have done some flips in my area and now I am also looking to partner with a good team in NY, specifically Syracuse and surrounding areas for buy and hold and BRRRR. I would like SFH and small MFH that need a little love. I am a local investor based out of Montgomery County MD, but I am very much interested in this market if anyone knows agents, wholesalers, deal finders, property managers, reliable contractors, I would love to connect. I will also love to network with anyone going to BPCon23.

Thank you! 

-Nico Garcia

Post: Who else is going to BP Con? Looking to network before the event?

Nico Garcia
Pro Member
Posted
  • Posts 38
  • Votes 16

I will be there!

Newer investor with 2 properties, working on my third. I am based out to Montgomery County MD. Would love to connect with you and anyone else to see how we can help eachothers business. 

-Nico

Post: New BRRRR Investor Looking for Connections in NYC

Nico Garcia
Pro Member
Posted
  • Posts 38
  • Votes 16
Quote from @Abel Curiel:
Quote from @Arunabh Ganguli:

Hello! I am a new real estate investor based in NYC and attending NYU Stern. I am interested in buy-and-hold single-family homes, potentially multi-family if it is a good deal, and I am looking to implement the BRRRR strategy. My hopes for this post is to connect with anyone in the NYC area or areas nearby who are doing it themselves to gain more knowledge, increase my exposure to good deals, and improve my investment models. I'm also starting out with only a few hundred thousand dollars budget which is pretty low for NYC, so if there's any other investors interested in pooling capital to gain access to more profitable properties, please don't hesitate to reach out!

I am looking forward to connecting!

 Hello @Arunabh Ganguli

All the best to you in business school!

The BP forums are a great place to connect with local RE investors and other good points of contact to have.

I'd also recommend using the BP Search function to look up topics or people of interest.

Depending on your budget, you may have the most BRRRR opportunities ~60-90 minutes outside of NYC (i.e. Suffolk, Westchester and Rockland Counties). To have even more options at a lower price-point, you'd likely want to venture further north in NY (i.e. Ulster County, Capital Region, Rochester, Syracuse, Utica, etc.).

Rents and demand will vary as you move further from NYC.

To find the best deal possible in/around NYC (including the 5 boroughs), you'll want to go direct to seller or work with wholesalers, agents or partners to source off-market deals.

Keep in mind that competition is super high in NYC so the best 'deals' have the most baggage. 
- non-paying tenants
- deferred maintenance
- title issues
- open permits, code violations, etc.

All the best to you on your search!

Abel


 Hi Guys,

I am also looking to partner with a good team in NY, specifically Syracuse and surrounding areas for buy and hold and BRRRR. I would like SFH and small MFH that need a little love. I am a local investor based out of Montgomery County MD, but I am very much interested in this market if anyone knows agents, property managers, reliable contractors I would love to connect.

-Nico

Post: Local Accountant (Silver Spring MD)

Nico Garcia
Pro Member
Posted
  • Posts 38
  • Votes 16

Hello all!

My name is nico and I am a local real estate agent based out of Montgomery County MD. I am looking to begin my real estate investment journey and I wanted to reach out to the community to see if anyone had a great local CPA or Accountant that specializes in real estate investment/realtors they could recommend. I had a few questions about how I should set everything up, regarding LLCs and different strategies. I would greatly appreciated any recommendations. 

Also if there are any local investors here in the Montgomery county MD area , would love to connect :)

Kind regards,

Nico Garcia

Post: Cash-Flow Breakfast Club – Montgomery MD/DC REI - Bigger Pockets Investor event

Nico Garcia
Pro Member
Posted
  • Posts 38
  • Votes 16
Quote from @Omni Casey:
Quote from @Nico Garcia:

wish I attended! Are we coming back to north bethesda anytime soon?


 Yes we are working on our date for next month.  We are targeting Aug 21 but are waiting for confirmation from the venue.  We will post the event on BP again once we get it confirmed.  Also if you join the group on meetup you will automatically be notified once new event dates are set. 


 great I cant wait :)

Post: Cash-Flow Breakfast Club – Montgomery MD/DC REI - Bigger Pockets Investor event

Nico Garcia
Pro Member
Posted
  • Posts 38
  • Votes 16

wish I attended! Are we coming back to north bethesda anytime soon?