In Manhattan, the cost to purchase anything is over $1mm, which traditionally means $200k to put down. 

I am based in NYC Manhattan and originally from the UK.

I thought it would only be relevant in places like Manhattan....I guess I should be happy, Jersey City, NJ is appreciating in value ;)

Comps out w/ recent sales on a $/pf basis so this price is not a stretch at all and is inline w SFR in the area. 

Most investor are just looking for a tax-sheltered investment (or 1031 up-leg), so spending a lot of time analyzing the numbers isn't their bag and they have to trust the syndicator.As far as exploiting investors, I thinking the bad deals are more due to a bad buy and think the nothing-down guys that used to live under a bridge and now own half Manhattan are a lot more suspect.I guess the lesson learned is if you don't know what you're buying at a high level, maybe you shouldn't be blindly buying.

Hi everyone,Right now I go to school in Manhattan and would love to stay here after I graduate.

@Tim Lazor I just moved out of Manhattan and started investing while I was there.

We left Manhattan in December of 2020 and have been living in sunny San Diego because we heard amazing things about it and my wife took a job based in LA.

during the "boom" times but COVID has loosened everything up and now 5% can be had in Manhattan, 6%-7% in Brooklyn and even 8% in the Bronx.

Hi all,I'm selling my apartment in Manhattan and wanted to see if anybody had any recommendations for a good real estate attorney preferably in the NYC area.