New Investor in NY - Flatlands
Hello BP!
I'm new to this community and pleased with all the information available for newbies.
I keep working on my RE self education and at the state of learning how to analyze properties.
I do plan to invest in NY (All boroughs) or NJ, even tho I understand it's not recommended for various reasons, anyway, hope for advice from experiences members.
In Brooklyn there is Flatlands neighborhood with extremely comfortable prices for 1/2 bedroom apartments as well as single family houses (from Auction) less than 400k, considering area medium of 650k. I checked crimes rates and read about it a little - looks good. It can't be that simple or I just missing the point.
Hence my questions to the community are following:
- What do you think about Flatlands in Brooklyn as an investment option?
- What other areas, like Long Island specific, might be "right" place to go with beginner attitude?
- Any specific NY questions to ask Local agents?
Thank you and have a great day.