New York Professional Looking to Start Investing
Hi All,
By way of introduction, my name is Andrew D Reyes. I am a NYS CPA/Tax Consultant at a Big 4 accounting firm in NYC. I work exclusively in the Real Estate Industry currently and I am looking to start investing in Core+/Value-Add residential properties in the NYC Metro area.
From listening to the BP podcasts and reading books/articles, I believe that C+/B- properties near growing cities would be the best target for my goal of generating passive income and building wealth through capital appreciation.
I have limited funds currently, but may be able to raise cash from friends/family if I find a deal.
A few questions to this group:
1. Any suggestions for target markets?
2. Any suggestions for brokers/property managers/contractors in NY, CT, NJ, or PA? Any other states I should consider?
3. Any deals you recently closed or are working on currently that you are willing to share the details? I am looking to analyse more deals.
Any other suggestions or like-minded individuals looking to connect, please reach out or reply to this post.
Best,
Andrew