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Updated over 7 years ago on . Most recent reply

User Stats

9
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1
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Kimberly Caceres
  • Real Estate Agent
  • New York City, NY
1
Votes |
9
Posts

Where, Who and How Can I Connect

Kimberly Caceres
  • Real Estate Agent
  • New York City, NY
Posted

Hello All,

Hope everyone is well! I'm writing to you all because I am finding myself getting stuck in my own head about beginning to invest. I'm working on my credit and debt (school and survival things) and get overwhelmed with the idea that I have to wait another 2-3 years before I can start investing in property myself. I know there is OPM but I honestly don't even know how to start that conversation with someone. 

(It's not a matter of my effort or how hard I work but I would like a buffer/mentor that I can run things by before asking people to believe in a deal I can provide numbers for and let me borrow thousands of dollars. I hope someone can understand why that could be a little uncomfortable. ) 

I reside in the Bronx and the competition for property out here is serious. I think I should start looking a bit more upstate but wish I could pick someone's brain who has had a similar dilemma. I'm dabbling with the idea of Newburgh but don't know too much about the area but I've heard a handful of investors are beginning to dip their hands into this little area and I can see development happening in the next few years. 

Anyone care to have a convo?

Thanks for taking the time to read. 

Most Popular Reply

User Stats

493
Posts
386
Votes
Raul R.
  • Rental Property Investor
  • New York City, NY
386
Votes |
493
Posts
Raul R.
  • Rental Property Investor
  • New York City, NY
Replied
@Kimberly Caceres Starting out in the city is difficult and just like you when I started after realizing nothing fit my budget in the city I started to look Upstate. There are some nice SUNY towns that caught my attention but I decided I wanted to go somewhere with warmer weather and more favorable laws for landlords NYS is one of the worst. I headed South 3 years ago and i have no regrets.. I suggest go to next Local meetup that @Ceasar Rosas hosts, the meetups are local in the BX..

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