Insurance Analyst · New York, NY · Member since 2017 · 31 posts · 7 votes
Hey BP community!
I'm a newbie in Queens, New York. Long term I'm going to own large multifamily properties as well as dive into fix and flips. Right now, I am solely looking into wholesale to build capital. I have been reading books, studying online, going to seminars in my area, and I am just starting to listen to all the podcast on the site.
Although I live in NY, the market is extremely difficult to get into as a newbie investor, as most would know. I decided that Jersey (still researching to find the best areas) offers a better opportunity for me to start my career. Is there anyone out that that is still pretty new but has maybe 1 or 2 deals under his/ her belt that has some experience working with contractors/ agents/lenders, etc. (or IS one of those people)....that would be interested in possibly forming some type of partnership to look for deals and find lenders, so we can show them some form of track record.
I have a pretty strong network and strong networking abilities in-person.
New York City, NY · Member since 2015 · 6 posts · 1 vote
9y
Hey Joba Aladeselu I am in the exact same boat as you and have been looking for like minded people to discuss strategies and steps with. I live in New York City and have been looking for a mentor as well. I'd love to discuss some things with you.
Insurance Analyst · New York, NY · Member since 2017 · 31 posts · 7 votes
9y
Hello @Johnathan Boyle I have no real personal experience in investments right now. I currently work at a top 5 mortgage firm for multi-family homes in Manhattan as an insurance analyst. Been there for two years, but that's about it.
New York City, NY · Member since 2015 · 6 posts · 1 vote
9y
Hey Joba Aladeselu I am in the exact same boat as you and have been looking for like minded people to discuss strategies and steps with. I live in New York City and have been looking for a mentor as well. I'd love to discuss some things with you.
Real Estate Entrepreneur · Mid West, East Coast · Member since 2015 · 3k+ posts · 1k+ votes
9y
@Account Closed don't limit yourself to NY and NJ. There is a whole big country out there. I'd suggest focusing on the market where you intend to invest personally. That will elevate your interest and force you to work on systems. Wholesaling is a lifestyle. You have to be plugged in 24/7/7 days. Best of luck to you. Always remember to persist and you will WIN!!!
Insurance Analyst · New York, NY · Member since 2017 · 31 posts · 7 votes
9y
@Cleed Harris Happy to connect with you. You can shoot me a message, or if you schedule permits, we can find time to meet up in the city.
@Shawn Ackerman Thank you for the tips. I am going to start looking into the possibilities of MD too, as that is were I truly want to start making investments.
Investor · Tromsø, Norway (Europe) · Member since 2015 · 431 posts · 194 votes
9y
@Account Closed You might want to copy paste this into the Marketplace section of the forums. It's the most proper and common way to seek out partnerships or deals. Best of luck!
Rental Property Investor · Rochester, NY · Member since 2016 · 303 posts · 154 votes
9y
Guys I have been investing in upstate NY for about 11 years. If you like I can let you know how I got started and share some numbers with you. Like you, I also couldn't break into NYC, a very competitive market. Reach out... maybe we can link up.