New York, NY · Member since 2014 · 2 posts · 1 vote
Hi BP Community,
Just wanted to take a second and introduce myself. My name is Scott Bloomberg, and I am a new investor from NYC. About 6 months ago when I recieved a settlement for an injury, I began to research what types of investments would be right for me. Naturally, my family has encouraged me to put it away in the market and let it grow the conventional way. But, paying someone 5% just to pick overpriced mutual funds out doesn't seem like the best deal out there. I began researching real estate--- and even though it hasn't been that long--- I have absorbed as much information as possible. Im ready to take action and have a goal of buying my first property by the end of the year. Im excited to be a part of an amazing community of people who share a passion, are driven, and most importantly are magnanimous.
Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having 60 past ones to catch up on.
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.
Consider checking out HUD homes for small multi's owner occupied gets first crack.
You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.
What exactly are you looking to invest in? If you don't know all the answers, that's perfectly okay, just read up and study here and you'll learn a lot.
House Flipper · East Stroudsburg, PA · Member since 2013 · 1k+ posts · 205 votes
12y
Welcome to the BP family. Listen to the pod casts as well as gettng involved in the learn section. They have a monthly meeting in NYC wich is announced on these pages. You can also utilize the key word tool to keep you involved in topics of interest. Again, welcome aboard.
Queens NY, NY · Member since 2013 · 467 posts · 107 votes
12y
Hey Scott and Donald, welcome to BP!!
There is a NYC meetup coming up on April 15th, search the thread and you will find all the necessary info. This is a monthly thing ran by Darren, check it out.
Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having 60 past ones to catch up on.
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.
Consider checking out HUD homes for small multi's owner occupied gets first crack.
You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.