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All Forum Posts by: Shiv Choythani

Shiv Choythani has started 7 posts and replied 32 times.

Post: City Owned Properties in Queens & Brooklyn

Shiv ChoythaniPosted
  • New York City, NY
  • Posts 41
  • Votes 10

Thank you for the recommendation @Account Closed - where are these properties located? (City, town, etc) any details is appreciated in order to gather more information. Thanks 

Post: 50k government salary, no debts, 80k accessible cash.

Shiv ChoythaniPosted
  • New York City, NY
  • Posts 41
  • Votes 10
Thank you David Stott and Jorge Ruiz for your responses in regards to my inquiry. I am definitely looking to invest and I do not need to live in any of the properties, however I am, like all of us, looking strictly into gaining positive cash flow and using the property for buy and hold purposes. I am willing to listen to any offers that make sense financially and I am willing to partner up or stay solo in order to make any deal(s) work. Apparently, the income and accessible cash is there but the numbers (ROI) & project (long term buy and hold strategy or fix & flip) need to make sense both ways.

Post: 50k government salary, no debts, 80k accessible cash.

Shiv ChoythaniPosted
  • New York City, NY
  • Posts 41
  • Votes 10
Thank you AJ Smith and Barry Cohen for your responses. Greatly appreciate the feedback.

Post: 50k government salary, no debts, 80k accessible cash.

Shiv ChoythaniPosted
  • New York City, NY
  • Posts 41
  • Votes 10
Thank you Antoine Martel and Ben Riechmann for your responses. I am currently working both a full time government job (working evenings 4-12) as well as full time (7 days a week) as a realtor. My mission is grow my net worth and use the influx of cash on real estate investments. Everyone I have networked with in regards to my plan has indicated that the beginning in REI or any other business venture is always the hardest part. However, once you dive in, it only gets easier from there. Upon entering the world of BP for the past several months and reading/listening to numerous articles/podcasts, I feel an individual will not know the true realm of the investment side until they dive in head first. I've worked with investors (as a realtor on both the buy and sell side) that have made mistakes throughout their real estate investment journey and I have definitely gained positive knowledge from it. My approach is to jump into the REI side of the business however an uncertainty as to which area(s) of REI I should concentrate on according to the circumstances (salary, savings, etc) indicated in this post is what is holding me back.

Post: 50k government salary, no debts, 80k accessible cash.

Shiv ChoythaniPosted
  • New York City, NY
  • Posts 41
  • Votes 10
Good evening BP'ers, If you were 30 years old on a 50k salary w/ great benefits, no debts with 80k in accessible funds. How would you begin your real estate investment journey with the idea of investing in NYC in what many say is a "sellers" market. Would you invest in a sfh, multi-F, rentals, etc. Would you wait for the market to cool down? What would be a wise approach with the given scenario? Any feedback is welcomed. Thank you.

Post: New Member from Queens, NY

Shiv ChoythaniPosted
  • New York City, NY
  • Posts 41
  • Votes 10
Welcome to BP Mary june Martillo !

Post: Best Website(s) For Marketing Your Service

Shiv ChoythaniPosted
  • New York City, NY
  • Posts 41
  • Votes 10
Sounds good. Thank you all for your responses. I will check these suggestions out and will let you know my review.

Post: Best Website(s) For Marketing Your Service

Shiv ChoythaniPosted
  • New York City, NY
  • Posts 41
  • Votes 10
Good afternoon BP'ers, As being a realtor or any other service professional one must market themselves in order to generate business. Does anyone know of any websites that one can use which will assist in sending out postcards, mailers, flyers, etc in bulk for reasonable/affordable rates to homeowners in your local zip code(s)? I know I can do it on my own as well, however I wanted to reach out to see what others were using in order to compare to what I see online. Any assistance or feedback is greatly appreciated. Thank you.

Post: Real Estate License in NY?

Shiv ChoythaniPosted
  • New York City, NY
  • Posts 41
  • Votes 10
I agree with Anthony S Boxill Jr I went to NYREI and they are as Anthony indicated! 👍🏼

Post: NEWBIE FROM NYC

Shiv ChoythaniPosted
  • New York City, NY
  • Posts 41
  • Votes 10
Welcome to BP Sandra R. !