NYC <> LA Investor looking to network <> buy/hold rentals

NYC <> LA Investor looking to network <> buy/hold rentals

New York City, NY · Member since 2016 · 12 posts · 3 votes

Hello my BP friends! Super pumped to be here! 

Huge shoutout to my savvy BP friend, Brett who told me about this network- I am HOOKED!  

Intro: Currently living in NY and working in sales for the SaaS world in the East Village of Manhattan. However, I am originally from LA and looking to invest in both markets. 

Question for the buy and hold strategy gurus in NYC and LA, are the mainstream LA and NYC markets still ripe for purchase? Would you wait to get in? Or does it not matter as much if the strategy is buy & hold for 20-years? 

My goal would be to at least break-even for now and hold on for equity build. Thanks for your thoughts and welcomes ;)

Cheers,

Colin

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  • Dave VisayaPro Member
    Moderator
    Audio Engineer and Investor · Cebu City, Cebu · Member since 2013 · 7k+ posts · 881 votes
    10y

    Hey @Colin Specter, welcome to BiggerPockets! It is great to have you and please feel free to jump in the community - there are certainly great people around here!

    And oh, learn how to use BiggerPockets to grow your business by checking this quick guide: http://www.biggerpockets.com/biz

    See you around!

    BiggerPockets
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