Hello Biggerpockets members! I am Yolanda from the NYC area. New to investing, I want to make this my job.
I will be investing in tax liens, deeds, flip homes, as well as apartment complexes. Any advice in buying my first property around the nyc area would be appreciated. Also any lien or deed investors which state close to ny is the best for investing.
I'm in CT and there's a good amount of investment money that comes up this way - on the lower investment end especially towards New Haven, Meriden, or Waterbury- or father up there's New Britain and Hartford. Those cities have a stock of affordable multi-family properties where an investor can get started and is within reasonable traveling distance by train from NYC. You can buy them in the 75-150K range and the returns are good.
hi ryan, that's is very helpful information. That sounds like a great area to get my start thanks
Hi @Yolanda Can . Welcome. Good luck on your search. As Ryan stated, there are some great areas in CT where cash flows look really good. Please let us know if we can help! Keep us posted as to your progress.
Hi @Yolanda Can welcome to BiggerPockets!
Hello Rick I see your from that area thanks for reaching out.