Went to a sheriff sale with one property in mind, bidding started at 50 k and I was prepared to bid 75k max - I was fairly sure that no one would bid anywhere close to that amount because it was in a neighborhood I specialize in, and the value to me would be higher than to the average investor.

Then packaged a few such properties together, went to a bank and refinanced them out and then tried to find a new property to put those private lenders on.Admittedly, we usually left some of our own money in the properties (our average all in price is about 82% of the ARV) but we had some money to work with which not everyone does (why I recommend house hacking to start for most).

I'm not entirely sure as to which niche to start in.

Public has confidence in economy) and (4) OVER SUPPLY (Due to expansion, supply is now starting to exceed demand. 

@Itamar HaleviHi Itamar, I would start looking into areas such as Brighton Heights, Bellevue, Plum, Carnegie, and Baldwin.

It sounds like a good way to start in real estate, I just wanted to double check if this is legit?

However, I'm just starting out and looking for some guidance on where to begin my journey.I've done some research online, but I'd love to hear from those with experience in this field.

That being said i am scared the judge will throw this out and I will have to start over.

My name is Elliot and I'm currently a NYC resident and i would like to ask for guidance on where to start investing in NYC i would like to invest in a multifamily unit here in NYC but the prices are a bit high.

I’m here to build and increase my knowledge of real estate investing so that I can start my investing journey.