It’s great to see you transitioning from the TV and Film industry into real estate investing.

I would be very interested in your experience interviewing with brokerages and what you find.I have already applied for my license and way approved on inactive status, but I don’t think it’s necessary.

In her opinion, many investors are desperate to get out of their saturated markets but are waiting for interest rates to come down since many of them had purchased back in 2021-2022 at lower rates and higher prices.

You received a lot of great information here from some qualified people. 15% is the lowest I have seen, and it rarely works out.

Rentals have different interest rates ranging from 2.85% to 5.125%. 

However, on 30-year fixed rate DSCR with 25% down you might be able to get a lower rate.

I have spent the past several years studying market trends, analyzing potential investment properties, and building a network of industry experts.I'm specifically looking for a fellow investor located in the New York area who is interested in collaborating on initial buy and flip projects.

I agree with the above posts - it's in the turnkey company's best interests to jack up rents to increase their projected ROI.As a general rule, I do not trust a single projection value any seller offers as they're nearly always weighted in favor of the seller.Zillow is a great way to check rent comps.

I think the cons are high crime rate and I imagine high turnover / non paying tenants.

Any insights you could share on this would be greatly appreciated.