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All Forum Posts by: Michael Giordano

Michael Giordano has started 2 posts and replied 2 times.

Post: Best Investing Strategy on Long Island

Michael GiordanoPosted
  • Realtor
  • Long Island, NY
  • Posts 2
  • Votes 8

Hey Guys, 
Im looking to get into real estate investing on Long Island but I'm not sure what the most effective strategy is. It seems like the prices are too high to buy and hold as a rental because it wont cash flow. I also want to use a strategy that will give me some short term money to invest in out of state rentals. I was thinking flipping and/or wholesaling. Are there certain areas on Long Island that are better for these strategies? I am also an agent, but I am having a hard time finding flip deals on the MLS. Is driving for dollars the better way to go? or foreclosures? I am very motivated but I don't know where to start. Especially on Long Island where the house prices and property taxes are extremely high. I would appreciate any input from anyone who is doing this on Long Island and would love to connect with new people.

Post: Investor Minded Long Island Realtor

Michael GiordanoPosted
  • Realtor
  • Long Island, NY
  • Posts 2
  • Votes 8

Hello all, my names Michael Giordano. Im a real estate agent with Daniel Gale Sotheby's International Realty and I work out of the Manhasset office in Nassau County. I've been following bigger pockets podcasts for about a year now and recently decided to get a pro membership. I am an aspiring investor and have been looking for investors in the area to connect with and possibly partner with to help them find deals, whether its a flip, BRRRR, or a wholesale. I am more investor minded and am looking to get my foot in the door in the real estate investing world. I am motivated and ready to work !