Going more west and south especially after 42nd st really changes the neighborhood. 

Identifying value-add opportunities in strong neighborhoods and negotiating deals that make sense is something I’ve done a lot, so I understand what it takes to make these projects successful.If you’d like, we can connect and talk through some strategies or areas to focus on—I’m here to help however I can.

Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.

We are NOT a fit for low quality assets such as C/D or uber high input such as sec8 or mid/large MFH.

It’s not an area that you can say this zip code or this neighborhood is good or bad.

Hey Cecil, if you have the capital to operate locally, and it fits your goals to do so, I highly recommend doing that.Congrats on securing your primary though.

Underwrite a multifamily deal, find the ugliest house in the best neighborhood if possible.

Pinky Finger is the dead giveaway of a Class A+ neighborhood!  

My neighborhood and surrounding neighborhoods have rarely had a home listed last 3 years and when it is its pending within a week.

However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.