Newbie from NYC
Hello all! It says that I should introduce myself so here it is:
My name is Aaron Kneile and I am beginning the road to real estate investing. My principal interest is in the area of purchasing cash-flow positive multi-family rental properties in NYC with an eye toward holding them and improving them over time. I am a photographer by trade, but am looking at real estate as away of creating a stable stream of income and achieving a little more financial independence. I live in the Upper West Side of Manhattan and have a 3-year-old daughter.
Where I am at is I have read a number of books and have even taken a seminar at NYU, but still have more questions than answers. I do not have a mentor, or, for that matter, a team in place, though I do have some capital to invest. My next moves are probably to take some more classes in real estate, and I’m thinking also maybe some accounting. Then I would set out to build a team; accountant, lawyer, broker, mortgage person, and probably others that I don’t know about. Certainly a good contractor is important. I have seen that there are some meetup groups in NYC, but I have yet to attend one.
I'd also like to say that I am really impressed with this website, the forums, and both the wisdom and kindness of the participants. I’m thrilled to have found this. Thank you to all who make this forum a positive place.