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.

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

Thank you.This is the book I wish I'd read when I started...and I think it should be required reading for every beginner and pro.

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

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.

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

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 a RE professional actively managing all properties and working on further developments. 

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