Updated over 13 years ago on . Most recent reply

NYC anyone?
I'm totally new to this but have been hooked to this and other sites and books. Already did a seminar and have been on the Internet everyday looking for deals. As I read posts on this site, I realize, maybe I AM in a difficult market since it's almost impossible to find motivated sellers (of any kind). Is that just my newbie instinct talking or NYC (Brooklyn/Manhattan) market is indeed tough to crack?
I'm surrounded with grossly overpriced properties sitting on the market of months but absolutely no price movement!! This is not supposed to happen!
Should I start looking in other areas ? Is it even possible to do deals in NYC ? Or you must have Trump as your last name to be able to do deals?
Any insights will be helpful. thanks
Most Popular Reply

Hi Jack,
You can wholesale in NYC. You need to find motivated sellers. Sellers with inflated prices are not really motivated. Do a search on BP for "marketing" and "motivated sellers" and you will come up with a lot of posts to read! You can also check out some of the "gurus" courses on Wholesaling, which you can also get feedback on in BP. Personally I like Tim Mai, but again, check out the reviews on BP and see who you feel most comfortable with.
I started learning and doing wholesale deals late last year and have been focusing on Long Island. My company is now expanding into Brooklyn and Queens, and we just picked up 5 Brooklyn wholesale deals a couple of days ago.
So yes, it's totally possible! Don't give up, take action, and get out there!