Is investing in NYC a bad idea

[Jessenia Hartage]

Am totally new to investing, but every training session i read or listen to, says to start in your back yard.  Am in queens, NY is not landlord friendly.  Since this is new to me should I still consider NY like bklyn and queens or should I just stay away?  If yes to invest in NY, what would be the recommendation criteria that I can implement to protect me to some degree.

[Russell Brazil]

The areas of the country that are the most anti-landlord are also where you make the most money, because they have the highest demand. NYC, Boston, DC, LA, San Fran, Seattle. It takes just owning a few properties in these areas to turn you into a multimillionaire in a pretty quick time. 

Some strategies to consider implementing;

1) Buy B class properties and higher

2) Don't be afraid of vacancy

3) Know the laws like the back of your hand

4) Hire good property management 

5) Treat your tenants well