Newbie Rental Investor in NYC

Newbie Rental Investor in NYC

Woodside, NY · Member since 2018 · 17 posts · 11 votes

Hey all - 

I live in NYC and I am a newbie real estate investor.  I just closed on my first cash-flowing rental property in Memphis, TN through Roofstock.  I work in live events doing audio video and lighting.  I work as a freelancer, so the lending process was particularly difficult and my first deal nearly fell through, despite earning decent income.

I am looking to share my experience and learn as much as I can.  I am particularly interested in looking to learn from other freelancers (along with the pluses and minuses of being a freelancer and investor).  I would also like to learn from other investors who live in big cities, but invest in real estate out of state.

Excited to meet you all here on BP!

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  • Trexie E.Pro Member
    BiggerPockets Support · Davao, Davao del Sur · Member since 2015 · 937 posts · 163 votes
    8y

    Welcome to BP! @Tim Cronin

    Check out the nearby members and network at https://www.biggerpockets.com/meet, it will help you a lot to find partners that can help you out in investing.

    BiggerPockets
  • Woodside, NY · Member since 2018 · 17 posts · 11 votes
    8y

    Thanks Trexie.  Only thing is, that link lead to a page with search results (0).  Is that based off of my zip code, or is that an old link? 

  • Harlem, NY · Member since 2015 · 27 posts · 10 votes
    8y
    Wow congrats Tim! That’s pretty inspiring. I live in NYC as well and I’ve been hesitant on long distance investing because I’m a newbie as well but now I have no excuses.
  • Real Estate Agent · Chicago, IL · Member since 2017 · 715 posts · 138 votes
    8y
    Tim Cronin Welcome to BiggerPockets! It is great to have you and please feel free to jump in the community - there are certainly great people around here
  • Real Estate Coach · Venice Beach, CA · Member since 2012 · 6k+ posts · 3k+ votes
    8y

    Congrats Tim!

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