Investing in Corona, Queens (NYC)
Hoping to connect with real estate investors in the Corona, Queens NY area and gain some advice/insight. My husband and I will soon begin our investment search around mid-October. Neither of us are real estate savvy, but we know we want to invest in real estate and buy a multi-family home. We plan to live in one of the units and rent the rest (eventually buying a 2nd rental property and the end goal is moving into our "forever" home). We're both born and raised in Corona so we know this area very well.
I've been doing a ton of research to try and feel as prepared as possible to ensure we get a good investment. But the listings I see on Zillow and Realtor.com seem awfully steep and not many seem like it'd provide good ROI and a healthy cash-flow. But investors in this area, what are your thoughts? What would you consider a good deal in the market right now? Feeling a bit over my head here!