Reddit nyc real estate investing. Let's compare your rents to your monthly costs of buying.

Reddit nyc real estate investing But in general, yes, it seems like NY area real estate prices are still going up. Looking for information on what companies have significant exposure to NYC real estate, and more specifically commercial real estate mortgages. 2 million. Interested in Real Estate Investing? You've come to the right place! /r/realestateinvesting is… 1. Does anyone with experience or knowledge about the NYC real estate market know if this is a good /r/SanJose will be going dark between 12-14th June in protest against Reddit's API changes which will kill 3rd party apps like Apollo, Reddit is Fun, and BaconReader. Being in college I figured I should just stay in school and get a career in business. The cost of most multi-family properties, mortgaged at 7%, plus tax and carrying costs like a building manager (I'm assuming you don't want to get calls at 3am about an overflowing toilet), will not turn a profit at all, never mind covering an expensive Manhattan rent. It's also a solid investment decision. ) but never see much news about Philadelphia in real estate news or market trends. Top choice for foreign real estate investment in both commercial and residential sectors. 7M subscribers in the realestateinvesting community. It's way better than America, you get high returns, no taxes, and the buildings are insane. You did well for yourself if you bought here. I keep hearing about the looming recession that's coming, so I thought now might be the time. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! I’m a 22 year old real estate investor in a Midwest city about 45 mins from a major city. Let's compare your rents to your monthly costs of buying. This wouldn’t be the time to start a part time career. While researching NYC real estate in general, I'm seeing quite a bit of chatter in the comments sections of articles on Curbed / Reddit posts in which people are saying that it would not be wise to buy in NYC right now and to wait a year. -You will theoretically spend less (lower COL vs NYC)-Save on Income (no state income tax)-Start your real estate journey (tax benefit on W2)-Start collecting rental income (house hacking) and appreciation You can also stay in NYC and stack cash. If you could leverage an index fund 5x without the risk of being called at a fixed rate instead of a variable rate, it would outperform almost any real estate property by far, but that loan doesn't really exist for us You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! They are cheap, although property tax is high, but the main concern is a lack of industries/jobs, Does anyone have experience with the real estate in… Coins 0 coins You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! so, i’m a teen, and i want to learn how to start investing in real estate. I started investing in 2019 by flipping a 1000 sqft 3 bed 1 bath ranch. 5 to below $1. I’m thinking about getting my real estate license to make money while being a college student. The monthly costs will depend on the type of building you look at. TL;DR: After working in real estate investment financing, I've started questioning the ethics of real estate investing. Interested in Real Estate Investing? You've come to the right place! /r/realestateinvesting is… I’m surprised that more people are not interested in pursuing real estate development. It breaks down various components such as cashflow, principal paydown, home and renovation appreciation, initial equity, and potential tax savings, showing their individual You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! As far as I can see, NYC doesn't have any real cashflowing opportunities. Their commission split being 20 (me)/ 80 (the broker). Current rent is around $2000/mo (washington heights). Outside of CA and OR - you will not find anywhere else in America that is as as expensive nor as hostile towards landlords than NY. The apartment is $2,800 / month for a studio. But then again, NYC is a completely different beast than real estate elsewhere, or so I imagine. Posted by u/OnlyDode - 1 vote and 28 comments You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! My wife and I are going to live in NYC for probably at least 5 more years, minimum. I don't come from a wealthy family and I am in my early 20's so my network really won't help much here. If the intention is to live at the condo/co-op and you can afford both option, does it make sense to choose a condo over a co op than for the sake of liquidty (and they apperi Hey all, just wanted to shout out Dubai real estate! I invested with an agency called HN Global Investment. If you absolutely insist on investing in NY - look at the greater Buffalo area to maybe find a deal, and/or do a house hack in your local area. I had my first meeting with an NYC broker yesterday. Even craphole multi-families in the Bronx or deep Brooklyn will cost you $700k+ and probably need high five figures in renovations before any tenants you want to deal with will look at them. There are over 20k real estate agents in NYC alone. If the idea is to get real estate exposure in your portfolio, there are a couple options that come to mind: Leave NY. I purchased a course for real estate during my last year in college but didn’t get past a few chapters. Looking for something in Midtown/Downtown Manhattan, most likely a 1-2BR co-op. I'll go first: Firstly, I am a commercial real estate broker focusing on multifamily in the NYC market and I did purchase a multifamily property in NYC about five years ago with two partners (I own Your real estate agent as the buyer is paid from the seller’s equity which is not a cost to you. i also don’t have a job, seeing as i’m not old enough to work, i know it seems ambitious, but i dont want to just get told to “stay in school”. I think the reason for this is that the area didn't expe You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! Real estate is honestly a really bad investment and the leverage and tax benefits turn it into a potentially good investment. 8M subscribers in the realestateinvesting community. Those who do make it work long term turn into very unpleasant people. I’m soon graduating high school. It’s a top 5 major city in the US and is grossly underpriced compared to NY and DC. Posted by u/weirdo76 - 4 votes and 4 comments Evening all, I have been contemplating investing in real estate. Maybe I’m biased but as a black poc it was definitely one of the best places to grow up. I've recently grew interested in the real estate investing business and would like some pointers of where to begin. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! A community for Real estate Investors who specialize in Wholesale, however all real estate investors are welcome and encouraged to share information. ) You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! real estate investment needs a lot of thought. Definitely not the ideal history, but they seem to have a plan to invest in non-office to decrease office-risk and increase income (parking garages and other stuff). Recently licensed here. Especially if you’ve been holding for a few years. Getting a massive gift from your parents and buying an investment property with a sub 3% mortgage rate isn’t quite going against the grain… maybe if it was July 2020 but by 2021 buyers were frothing at the mouth to buy real estate in NY. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You think you have money, but you don't have NYC real estate investment money. . You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! I am probably going to buy in Manhattan in the next couple of years. Also, if you want to make any money, you have to do it full time. So yo You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! I'm 45+ and I've only 2 years in my life grossed more than $150K income from my regular work in a year, 2022 and 2007, in a VHCOL city. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! Commercial real estate there is going to go through some pain before it gets better most likely. Your next payday will be very nice, if it ever comes. Real Estate Investment Magnet: NYC real estate is highly sought after by both domestic and international investors, making it a competitive but potentially lucrative market. Residential Rental Properties. Most don't make it a year. Hello all I wanted some feedback from any experienced real estate investors. Mostly because you're looking at <900 sqft apartments for 700K+ that have >$1000 monthly recurring costs vs full on 4BR houses for $700K. Hi, I am renting in the NYC area. I'm in California and this is a tough place to invest in real estate and may become like New York in the future of real estate investing. 18 M. NYC (manhattan specifically) renting is actually a "better deal" than owning. NYC real estate people! I have a question for you. Just as an example $3000 rent vs. NY real estate can crash just like anywhere else, and has in the past. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! It's tough because the overall real estate and economic picture for upstate is pockets of prosperity and growth surrounded by areas of decay. We never owned a place, but at 24k / year, it just seems such a waste to be renting for that long. I live in nj & own a place in morristown. Cap rate in LA has always been horrible, right now there’s still a supply shortage and record low interest rates so I’m telling LA folks with rentals to get the hell out while they can. I'm ChubbyFIRE due to RE investing and only RE investing (I don't invest in stocks anymore after losing a total of about $30K in stock market investing strategies at various times over the past 20 years). I have one property in NY. 1. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! This tool provides a detailed real estate investment analysis, considering all potential income sources that the investment can generate and accurately calculates the ROI. Posted by u/Ok-Highlight9289 - 37 votes and 335 comments Interested in Real Estate Investing? You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! Posted by u/Rock2Rock - 5 votes and 21 comments 1. I don't own real estate currently, but I've saved enough for a down payment. None of the three are pure plays, but own substantial NYC real estate. Office is facing such major headwinds as a segment and has been for awhile now, and investor real estate is creeping up in risk as well, so the same hesitancy to lend is spreading and will continue to bog down the CRE sector. A house falling from $500k to below $400k is exactly like a NY apartment going from $1. It's a feast or famine career with low barrier to entry. My uncle is a broker so finding someone to work under won’t be hard. You and your dad made a very smart choice to buy when you did You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! Wanted to see everyone's thoughts on owning investment real estate as part of a portfolio and if anyone does own it to comment on their experience. But rule #1 is you plan to actually live here long term. Like cities like say, London, investing there banks on the expectation of appreciation, with the rental yield just trying to break-even on expenses. Love everything it offers. Interested in Real Estate Investing? You've come to the right place! /r/realestateinvesting is… No one from nyc could believe how cheap the real estate was, even back then. Just wondering if there are any specific reasons why? Hey guys, I wholesale full-time and recently started here in Upstate NY, I have some questions for someone familiar with real estate law/wholesale here and closings and will appreciate any help! I started beginning of February here and now have 6 deals closed with buyers for a net of 73k profit coming in, but these deals are taking FOREVER to I have always considered becoming a real estate agent ever since I was about 19 in college. My background is in Tech ( I was a Data Scientist). Finally me and my partner are thinking to invest into rental property in Poconos area. i wanna continue going to school, onviously, but i dont want to You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! All financial moves come with a risk, and historically NYC real estate has had its share of nosedives, but nothing in the last 3+ decades. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! NYC real estate is not as good a short/medium term investment as equities have been in the last decade, because 1) the market grows more slowly and 2) there are massive upfront and maintenance costs associated with buying and owning an apartment. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! I'm trying to figure out where to move to and I would like to factor in real estate investment potential. If the goal is to invest in real estate for wealth preservation and generation, then investing in an NYC apartment is not very useful. The Hudson Valley, greater Capital Region, Syracuse and Buffalo areas have been experiencing population growth, reversing decades of steady loss while the North Country, Southern Tier and the non-touristy parts of Central NY have been hemorrhaging people. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! Buy the Manhattan 1 bed and live your life. If you have an agent that wants you to pay them a flat fee/ other fees then find a new agent. Just start talking to some lawyers about evictions in NYC, and make sure that you have one lined up before you ignore my advice. Vornado, for example, is the largest owner/manager of street retail in NYC (and also owns significant office space. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! Interested in Real Estate Investing? You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! Vornado (VNO), SL Green (SLG), Brookfield Property Partners (BPY, although that's an MLP so K-1 at tax time) all have significant exposure to NYC. I always see national real estate news talk about upcoming real estate market trends (Austin, Charleston, Tampa, etc. Hi guys, I love Poconos. I've met countless older people who attempt to lecture me that landlording is the most annoying thing in the world and they couldn't handle it and sold their 2 houses. Buying 1 duplex in New York City is hardly real estate investing. When investing is talked about within the community it's painted with this rosy brush where investors Investing in properties across Manhattan, Brooklyn, Queens, and the Bronx. I know that I could invest in real estate in areas other than where I live, but for starting out it would probably be best to live near my investment. Returns are very hit or miss and the headaches regarding managing tenants can be very painful. I submitted an application for an apartment yesterday. I started with a very large brokerage and I am getting a bit lost. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! Hi All, I understand the differences and restricitons between a co-op and condo. Network,share ideas and pick each others brains 🧠 Trying to form an online community of likeminded individuals 🧬 🏡 You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! Hello Reddit, just to give you a little background: I'm a 24 year old Engineer working in Manhattan making about 95k and a extra because of overtime a year. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! Interested in Real Estate Investing? You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! Jan 31, 2024 · If you're considering investing in New York City property, 2024 could be a great year. Definitely worth exploring if you're into real estate. seeing as i still have to go through school, i won’t be able to take care of properties hands-on. I'm under contract for a house in Colonie we were looking specifically for a place with an in-law suite. New York real estate is an asset class for wealthy people, so don't expect to find any good deals, especially in Manhattan. I wouldn't invest in New York state and much less NYC. $450,000 sale price (If you calculate the mortgage payment, you are looking at $2200 + monthly dues), so every month you are actually paying more than rent. While none of the houses we saw were considered "multi-family", the ones we saw with an extra living space/kitchen did not seem to get snapped up in two days like the turn-key single family homes we offered on, which had 10-15 other offers over asking. Members Online San Jose got listed as one of the safest cities in the US but also one of the worst cities for mass shootings Real estate investing as a thing for the everyday person really didn't start to take shape until the 1990's when rates started the stark decline path which made it possible for regular people to do it, and you have Robert Kiyosaki to thank for the rise in popularity, along with all of the other real estate investing seminars. Reach out to me at 917-383-1314 if you're an agent or seller looking to make a deal! Let's talk real estate! The Real Housewives of Atlanta The Bachelor Sister Wives 90 Day Fiance Wife Swap The Amazing Race Australia Married at First Sight The Real Housewives of Dallas My 600-lb Life Last Week Tonight with John Oliver Renting has always been cheaper in NYC. In this comprehensive guide, we’ll explore nine ways to invest in New York City real estate successfully. like most investments, real estate investing also comes down to margins. Grew up in Maplewood/ South Orange. Not looking in the areas you are though NYC market is hot, but I feel it's honestly not as bad as other crazy places like suburban NJ, Seattle Metro, Austin Metro, etc. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! I'm in my late 20s, and this will be my first time purchasing an apartment. But how does one determine which New York City neighborhoods will deliver the highest returns over the next decade? Buying an apartment in New York City is more than just a status symbol of owning in one of the world's most iconic cities. Look elsewhere. I spoke with the landlord today, and he asked if I could pay the entire year up-front, which would be a total of $33,600 lump sum. It’s not until now that I realize that was a mistake. i know friends who live in the middle of nowhere in PA and net 4-5k a month by renting just 4 rental properties. Besides, the prices are very low, you can get something decent for under $200,000 USD You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! New York is like one of those "10% of people have 90% of the money" places, and everyone else is struggling or lives in New Jersey which means if you work 5 days a week 70% of your week is spent either at work or in transit. Posted by u/shannister - 12 votes and 22 comments You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! I am a new real estate agent in New York city and I am looking for advice as to how to get listings. Don't saddle yourself with becoming a landlord in an outer boro or NJ. The key to deciding whether you should be purchasing a NYC condo or coop will be dependent what you plan on doing with the property. You basically live in New York because you NEED to live in New York. Residential rental properties, including apartments and townhouses, have traditionally been a popular choice for real estate investors in NYC. Yes, which is why now is a good time to sell. That being said, congrats on the apartment. Post-MBA associate pay is around 125k-135k plus 30%-100% bonus which is definitely lower than IB/consulting, but WLB is better and you get to work on some cool shit. Id like to invest in a condo/apartment in a high demand area (manhattan, jc, hobo) and air bnb the property to gain equity and provide income as well as to have a place to use (when not in use by tentants). You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! Hello! I am considering a move to NYC for a job opportunity and have begun looking at condos/coops throughout Brooklyn. After a year of working in real estate investment financing, I've begun to question the ethics of a majority of real estate investing. A lot of people are moving out of NYC, not in. Cash buyer ready to invest in properties from $1MM to $7MM. In general, the more amenities the building offers (doorman, gym, roof etc) the more the monthly cost will be. NYC real estate was pretty bubbly even before COVID and anticipate waves of foreclosures as the hit of work from home and internal/international tourism withers. Make sure you know the area really well and purchase in a place that would be desirable to live in for renters. I own a few condos downtown Toronto for the last 4-5 years only and I have Enjoyed the rental income and somewhat hassle free landlord part. Small renters in NYC probably bought their homes years ago (at a very different price point). We want to start small , like 3/4 bed room house and rent it out . I'm looking there now myself, but would rather not give too much about myself. You've come to the right place! /r/realestateinvesting is focused on sharing thoughts, experiences, advice and encouraging questions regardless of your real estate investing niche! Structured Deals, Flipping/Rehabbing, Wholesaling, Lending, Land, Commercial Real Estate and more! If it has to do with real estate investing this sub is for you! It is a very competitive market and the real estate market in NYC is taking a massive hit due to covid. Extremely diverse, great food, easy access to the city, good schools, and more. The cheap places (way back at least) were in places that had become super run down. dqw lhptb yjllw uii dcsi okafok gfui rvoyqw rxae szdo