So the way I see it a "zero cash flow" property will actually raise your net worth easily 30-40% of whatever your rent is.With this frame of mind, is it really that crazy to buy property in very high priced coastal communities, such as Santa Barbara, Manhattan Beach, etc?  

I look forward to participating with you all on the site, and look forward to connecting with, and building lasting business relationships.That said I am in Hudson Valley, NY about 75 minutes outside of Manhattan.

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.

The same can be said of Manhattan, about the same distance from Topeka--just in the other direction.

I am a full time real estate agent working in Manhattan and Brooklyn.

I was wondering if anyone knew of a good Real Estate accountant in New York City, Long Island, Westchester or anywhere within an hour of Manhattan.

We'd like to purchase real estate somewhere close enough to commute to Manhattan (considering Brooklyn but open to suggestions) using a low downpayment loan program such as FHA or SONYMA.

But it's the same as asking whether Manhattan is a good location.

Any STR investors in the Wears Valley/PF area in early October that want to meet up? 

Hi everyone,I was wondering whether you think it is a good time to invest in multi-families in Manhattan (ranging from 3 to 20 units) or neighbouring areas.