Follow them to the bar after the event and thats where everyone really gets to know people.

My goal is to have a 5 year holding period for these properties and then analyze whether it makes sense to sell or to continue to hold on.I live in central NJ but find myself in New York City, mainly Manhattan and Brooklyn, a few days a week as well as northern NJ.

to the bar?

Does anyone have any personal experience or knows anyone investing in the following areas: East New York (Cypress Hills and City Line specifically), Woodhaven, Ozone Park, Richmond Hill, Jamaica, etc.

I wish Foster would implement a system where the homeless are escorted out of the city, just like in New York City.You are probably right...that area has appreciated quite a bit.

Barring unique circumstances, there is exactly one way to maximize the return on your property, and that's to fill space.

I bet you don't go to a C Corp :)Way up there, is your lender adding back the depreciation as it is not a tax expense but the nature of the tax beast.Consider too, paying down debts increases the net worth, I'd suggest you look for other lenders too, I see it may be limited where you are.You may have a job you want out of, better hold on to that Bar license!

New York, New York: Fifth Avenue in New York fetches an average rental price of $102.02 per square foot. 3.

Hello BP,

I just closed on my first rental property and now I came across a deal for a 2 bed 1 bath home 981 sq ft built in 1910. the place is boarded up and they are selling it for 7k. I ...

Hey Dan -If you remember BiggerPockets.com, our Blue Navigation bar links to all the most important parts of the site.