Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Tymalaya Thomas

Tymalaya Thomas has started 1 posts and replied 9 times.

Post: Ty from Newburgh, NY

Tymalaya ThomasPosted
  • Newburgh, NY
  • Posts 10
  • Votes 17

@Joe Aiola Thanks for the heads up Joe!

Post: Ty from Newburgh, NY

Tymalaya ThomasPosted
  • Newburgh, NY
  • Posts 10
  • Votes 17

@Craig Anderson Thank you for the encouragement Craig.

All the best in your endeavors as well.

Post: Ty from Newburgh, NY

Tymalaya ThomasPosted
  • Newburgh, NY
  • Posts 10
  • Votes 17

@Yitschok Perlman To my understanding, real estate is not a quick process, things happen over time. Wholesaleing/flipping methods yield a faster return than rentals. Rentals are long term investing. You’ve been renting for only two years, I believe change comes between three and five years.

Check out some of the videos on BP to have a better idea of what to expect when investing in RE.

All the best.

Post: Ty from Newburgh, NY

Tymalaya ThomasPosted
  • Newburgh, NY
  • Posts 10
  • Votes 17

@Yitschok Perlman Good Afternoon Yitschok. Yes, I do still live in Newburgh but I own my home. I have no investments yet but hope to in the near future.

What information are you looking for?

Post: Contractors near Beacon, NY, Hudson Valley

Tymalaya ThomasPosted
  • Newburgh, NY
  • Posts 10
  • Votes 17

@Cian Hillman and @My Nguyen Michael Lavan is the owner of Homes By LV LLC. He can help with contracting and purchases. Hope this helps. Be safe.

Post: Am I Being Too Pessimistic?

Tymalaya ThomasPosted
  • Newburgh, NY
  • Posts 10
  • Votes 17

@Jon B. For specifics, I would have to refer you to a map of Orange County which would clearly outline the area. Also when driving, there are green and white signs that mark the end of the city line that say "Town of Newburgh". Hope this helps.

Post: Am I Being Too Pessimistic?

Tymalaya ThomasPosted
  • Newburgh, NY
  • Posts 10
  • Votes 17

@Jon B. As a 17 year resident of Newburgh, I won't argue about the violence in the city, I personally know one of the families of the most recent fatality. The "town" area is not so violent. Nonetheless, people still live here and are not moving. Habitat for Humanity is "in the city" of Newburgh - growing strong!! Discouraging investors is unfair. Everyone investor will and should analyze EVERY property they consider. At the end of the day real estate is risky ANYWHERE, people still need a place to live, and if the numbers work for us we have a decision to make. Wishing you all the best in every endevour. 

Post: Am I Being Too Pessimistic?

Tymalaya ThomasPosted
  • Newburgh, NY
  • Posts 10
  • Votes 17

@Jon B. I'm curious, is your statement an opinion or from statistics??

Post: Ty from Newburgh, NY

Tymalaya ThomasPosted
  • Newburgh, NY
  • Posts 10
  • Votes 17

Good Afternoon Everyone. I am a Mom of three and a Grandmother of one. I currently have a full-time job but I've always been interested in real estate but never had the time or money to invest. My youngest child in 19 yrs old so I feel I can commit more time in my pursuit in real estate. I'm discovering there are MANY avenues of real estate, so I'm trying to decide my focus.