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All Forum Posts by: Account Closed

Account Closed has started 4 posts and replied 15 times.

Post: Experienced real estate professional, newbie investor...from NYC!

Account ClosedPosted
  • New York City, NY
  • Posts 15
  • Votes 6
Originally posted by @Moses K.:

@Account Closed Best of luck to you! Just curious, what areas in NYC are you focused on? I grew up in Queens.

Thanks! I am mostly targeting certain neighborhoods in Brooklyn that are yet to be revitalized, such as East NY, East Flatbush, and Canarsie,. I am also looking at downtown Jamaica, Queens. The area was recently rezoned and is expected to see a new wave of commercial development, which will result in an increase in housing values. 

What part of Queens are you from?

Post: Experienced real estate professional, newbie investor...from NYC!

Account ClosedPosted
  • New York City, NY
  • Posts 15
  • Votes 6

Thanks, James!

Post: Experienced real estate professional, newbie investor...from NYC!

Account ClosedPosted
  • New York City, NY
  • Posts 15
  • Votes 6

Thanks Paul! I've gone through some of those links you listed and the info was definitely invaluable. Will go through the remaining.

Post: Experienced real estate professional, newbie investor...from NYC!

Account ClosedPosted
  • New York City, NY
  • Posts 15
  • Votes 6

Hello all! I joined the BP community a few months ago but haven't formally introduced myself. My name is Shola and I currently live and work in Manhattan. I moved here 6 years to enroll in a Master's program in commercial real estate finance & investments at NYU. I now work as a Director of Acquisitions for a private equity real estate company and have been in the field for the past 7 yrs. 

I am at the point where I feel like I have sat on the sideline long enough, witnessing my employers make millions in New York real estate. With a mountain of student loan debt to pay off coupled with my desire to achieve financial freedom, I have now decided it's time to start building my own portfolio as an entrepreneur and investor.

I am starting off with wholesaling to generate cash flow and I eventually plan to accumulate rental properties. I launched my first direct mail marketing campaign yesterday. Word on the street is that NYC is a tough market for wholesalers but willing to test it out myself before making any judgments. We will see how it goes!

In any case, I am really excited to be part of the BP community and looking forward to learn as much as I can, as well as contribute!!

Post: July 15, 2014 NYC Meetup in Manhattan with BP author & Legend J Scott!

Account ClosedPosted
  • New York City, NY
  • Posts 15
  • Votes 6

I will be there!

SK