All Forum Posts by: Daniel Lewis

Hi @Ashley Czarnecki, @Shawn Mcenteer and @Abel Curiel thank you all for your responses, this is my first time using this forum as a tool to reach out for information and you have all gave me great advice. My strategy was to alway house-hack a MF house to start then build my portfolio from there. I never thought of renting out each individual bedroom to increase ROI, that's a great idea. When I've been looking at properties to at least analyze I saw same as you @Ashley Czarnecki MF are extremely expensive for what you get compared to a SF. I'm going to continue to look for potential properties for the future especially in the areas you discussed @Abel Curiel. Thank you all again, I will definitely keep you all in mind for the future, hope to talk soon! Best of luck to all three of you, have a great week!

Hi Alexander, I appreciate the response! Since I grew up around there I always figured I would start there, however when looking at it as an investment property you have to break down all the numbers. I agree completely the best time to buy into investment is during distress because properties are undervalued. I do feel that Manhattan may be still overpriced for me but I'm going to start looking into all 5 boroughs to get a full understanding of what is out there. Other than Zillow and MLS is there any other sites you would recommend in using to find new properties?

I am a college senior who is looking to start investing in RE on Long Island, New York after I graduate. I would love to first talk to investors in this area to understand how to navigate around an expensive market while still receiving a good ROI. I am reaching out to see if anyone would like to have a brief conversation to share stories and strategies that you have seen as beneficial in this market. I look forward to hearing from everyone and would greatly appreciate any knowledge that could be shared with me.