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All Forum Posts by: Andrew Jennings Freerks

Andrew Jennings Freerks has started 15 posts and replied 121 times.

Post: Looking to network with Wholesalers

Andrew Jennings FreerksPosted
  • Developer
  • New York
  • Posts 131
  • Votes 106
Quote from @Adam Bielous:

Hello!

I am an investor from the North New Jersey area about 30 minutes away from New York City. I am looking to connect with Wholesalers in the North Jersey area to work with to find some fix and flippers. I am ready to close fast! Let’s make money together!!

Would appreciate any leads!

Thanks!

-Adam

@Adam Bielous lmk what you find out. I’d love to meet with some tristate wholesalers as well 

Post: NYC Out of State Investors

Andrew Jennings FreerksPosted
  • Developer
  • New York
  • Posts 131
  • Votes 106

I look forward to seeing everyone tonight for a little networking!

6pm

The Perfect Pint

203 E 45th St, New York, NY 10017

Post: NYC Out of State Investors

Andrew Jennings FreerksPosted
  • Developer
  • New York
  • Posts 131
  • Votes 106

I made a table reservation under my name for 6pm at Perfect Pint (203 East 45th St).  Can't wait to see you all there and talk about real estate :)

Post: Real Estate Meet Up Group in NYC

Andrew Jennings FreerksPosted
  • Developer
  • New York
  • Posts 131
  • Votes 106
Quote from @Duane Ward:
Quote from @Sean Toomey:

Hi we have a great REIA on Long Island. We offer free zoom calls (Intro to Real Estate Investing Zoom call is TONIGHT). We also do a LIVE meet up at the Huntington Hilton in Melville Long Island on the second Wednesday of the month. Our next one is scheduled for February 9th. Your first meet up is always FREE. We bring in national speakers from across the country, and we also have lots of LOCAL experts who are doing all different types of real estate investing deals. Feel free to reach out if you would like some more information.

My wife and I are just getting a footing in the market in long island. Would love to pick your brain if you have some time at some point? I'll also check out the site in regards to what the next meet up event is.

Duane unfortunately, I have next to zero experience in LI.  The NYC market is so large, that there was always enough work for me here, so no need to expand out to LI.  Try searching for "find an agent" in the top tool bar?

Post: Real Estate Meet Up Group in NYC

Andrew Jennings FreerksPosted
  • Developer
  • New York
  • Posts 131
  • Votes 106

@Daniel Oropeza I too am a veteran (Army 10 years). Nice to meet you brother. I have experience using my VA to purchase a 2 family in the South Bronx. Want to jump on a call to discuss? Or meet up next week at our networking event next Thursday?

Post: Real Estate Meet Up Group in NYC

Andrew Jennings FreerksPosted
  • Developer
  • New York
  • Posts 131
  • Votes 106
Quote from @Daniel Oropeza:
Quote from @Andrew Ong:

If nothing is found, lets start our own like the podcast suggests. Any fellow NYC residents interested? We can even try a virtual one first.


 This sounds great! Definitely interested! 


Post: NYC Out of State Investors

Andrew Jennings FreerksPosted
  • Developer
  • New York
  • Posts 131
  • Votes 106

@Eric Ng I'll make a large renovation for us at Perfect Pint.  We can always grow or shrink the res as we get closer

Post: How to think about cash flow & appreciation

Andrew Jennings FreerksPosted
  • Developer
  • New York
  • Posts 131
  • Votes 106

@John Clark I was a former Bronx City Planner, transformed to a local realtor and investor in the South Bronx, where we are experiencing 8-10% appreciation year on year, even through the pandemic.  Most locations are 20-30 minutes to Midtown, so the demand will always remain high.   The South Bronx is pretty much the last bastion of cheap available land within 30 minutes of Midtown Manhattan.  The net rental easily covers your monthly expenses.  If you are interested, I create a quarterly market report for the South Bronx that I can share with you, so you can see how the market is priced and which way it is changing. I'd be happy to be your point person here.

Post: New York Nightmare Market???

Andrew Jennings FreerksPosted
  • Developer
  • New York
  • Posts 131
  • Votes 106

@Ceasar Rosas I've been thinking of organizing a Bronx meet up as well.  I heard there used to be one monthly.  Would you want to help organize one with me?  Maybe the first one can be in late March at the Bronx Draft house?

Post: New York Nightmare Market???

Andrew Jennings FreerksPosted
  • Developer
  • New York
  • Posts 131
  • Votes 106

@Ceasar Rosas where did you purchase in the Bronx?  I own two townhouses in Mott Haven, and both the cash flow and appreciation is fantastic.  It would be great to connect with other Bronx investors.