My name is Omar Sanchez and I am currently a college student in NYC, I was also born and raised in NYC as well. I started getting really interested around the first year of college when a friend of mine who is also at the school I am attending, recommended it to me. He is going to buy his first property this summer and I can't wait to hear his experience!
Turned pro a few days ago and I am getting really interested in investing in residential Multifamily properties (2-4 units) . The same way my friend is doing. The reasons on my interest of this area of investing is because there are one of the easiest to finance, they have maximum leverage, I have less vacancy risk, easiest to improve and cashflow. I am currently reading "Investing in Duplexes, Triplexes and Quads" by Larry B. Loftis. Its an amazing book! I also read Think and Grow Rich, Cash Flow Quadrant, Rich Dad Poor Dad, Master the game by Tony Robbins etc. It changed my view of money, society and life forever! One of the reasons why I am interested in this, is that it seems like fun, even though it is going to be some work. Also I want to be able to achieve financial freedom so I could travel the world, volunteer and contribute to people and society, feed the homeless, retire my parents, and most importantly be more comfortable and happy and the rest of the family as well. Looking forward to your responses and meeting some people and linking up in the city who have the same interests, whether newbie or veteran.:)
stay awesome!