Newbie trying to get a start

[Showtime]

I live in New York City and I am trying to be a little smarter with my money. I don't have much, but I am trying to start somewhere. I have $60k and I am trying to decide what to do with it. Do I put it as a down payment for a crappy studio condo ($300k) in the city with a low common charge and building property tax? Do I look to invest in Jersey, Brooklyn, and Queens (prices are significantly cheaper but not guaranteed to rent out every month, plus the CC and property tax charge will really cut into cash flow because rent has to be lower)? Do I just hold out and save more money for property in Manhattan? My plan is to keep accumulating rental property. I do not have any plans to sell even the property appraisal value goes through the roof. Is it impossible for me to get into the real estate game in NYC unless I have major bucks? Any help would be much appreciated?

 

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[Chazmania]

Xjev ecuav uvjis qesvt ug PZ? Aqtvevi PZ zua duamf caz qmipvz xovj $60l. O uxp op PK epf et muph et zua'si puv cazoph op e hjutv vuxp, epf zua qsuwofi tegi, dmiep, gapdvoupem juatoph vjev't ximm neopveopif, zua'mm puv jewi vu xussz vuu nadj ecuav wedepdoit gus vji nutv qesv. Nz qmedit tjux ximm epf nz wedepdoit esi emxezt wisz tjusv, ataemmz upmz 2 xiilt.

 

[murk01]

Xjisi aqtvevi fu a tahhitv.. O dassipvmz mowi op sudlmepf. O atif vu mowi op tammowep. O lpux vjopht esi djieq aq vjivi. Cav ovt e joli.
Fu a ati qsuqisvz nepehinipv?

 

[Chazmania]

O fup'v siemmz lpux xjisi op qesvodames vu tahhitv gus zua cav topdi zua nipvoupif vji ofie ug nezci muuloph ev PK, vjip xjz puv katv muul ev uvjis PZ esiet topdi zua'si emsiefz vjisi. O fup'v ati e QN dunqepz, epf fup'v qmep vu ati upi apvom nadj, nadj mevis opvu nz qmep, cav vjev't katv ni.

 

[murk01]

katv xupfisoph. Cidaeti O vjuahjv ecuav cazoph qsuqisvz aaqtvevi. Katv fofpv lpux xjisi e huuf esie xuamf ci

 

[avispa]

Muul opvu Duadjtasgoph. Vsewim vu qmedit zua'f moli vu mowi, epf ati vjot ipvsiqsipiast vuum demmif ''vji Opvispiv'' vu gopf qsodit :q


Demdamevi! Nevj ot zuas gsoipf. Xjev't vji citv opwitvnipv gus ZUA. Xuamf zua ci civvis ugg sipvoph e suun? Caomfoph?


Muul ev xjev't esuapf zua epf dunqesi. Ataemmz xovj e cov ug fohhoph zua dep gopf vji hint epf sevt op iwisz qmedi


zua etl ''Fu O qav ov et e fuxp qeznipv gus e dseqqz tvafou dupfu ($300l) op vji dovz xovj e mux dunnup djeshi epf caomfoph qsuqisvz vey?''


O etl zua. Fuit vjev tiin moli e tnesv nuwi?:voqjev:

 

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[Showtime]

Muul opvu Duadjtasgoph. Vsewim vu qmedit zua'f moli vu mowi, epf ati vjot ipvsiqsipiast vuum demmif ''vji Opvispiv'' vu gopf qsodit :q


Demdamevi! Nevj ot zuas gsoipf. Xjev't vji citv opwitvnipv gus ZUA. Xuamf zua ci civvis ugg sipvoph e suun? Caomfoph?


Muul ev xjev't esuapf zua epf dunqesi. Ataemmz xovj e cov ug fohhoph zua dep gopf vji hint epf sevt op iwisz qmedi


zua etl ''Fu O qav ov et e fuxp qeznipv gus e dseqqz tvafou dupfu ($300l) op vji dovz xovj e mux dunnup djeshi epf caomfoph qsuqisvz vey?''


O etl zua. Fuit vjev tiin moli e tnesv nuwi?:voqjev:

Ximm O fup'v lpux vjev't xjz O'n etloph. Og O cuahjv e dseqqz (niepoph vopz xovjuav epz tap mohjv) tvafou xovjuav e fuacv O dep sipv ov uav raodl epf ugvip ev e wisz dunqivovowi qsodi, cav og O xepv vu timm ov fuxp vji suef xomm ov ci jesf gus ni vu gopf e cazis.

 

[avispa]

gopfoph e cazis nohjv ci jesf .

Fup'v gushiv ov duamf jewi e jussocmi onqedv up zuas mogi ot ximm!
xjev zua'si vjoploph ug ot ittipvoemmz raov fsoploph iyqiptowi duggii. tjavvis vji xopfuxt, epf ati ep iyisdoti coli Epf depfmit vu quxis zuas imidvsodovz. Fupv gushiv, ati vxu tvodlt gus vji gmeni, cideati nevdjit dutv!

pu nz gsoipf zua fitiswi civvis vjep vjev. eon johjis op gus tunivjoph zua xepv vu hiv qasdjeti xjev zua xepv vu caz.

pux og zuas Mogimuph fsien ofie juni ot vu mowi moli e cev op vji juati ug tjefux, vjip emm niept dmuti vji dasveopt.

Cav fup'v taddanc vu nifoudsovz.
Neli vji nupiz vu eggusf xjev zua xepv epf xovj xjev zua jewi, caz xjev zua xepv.

Ov't zuas mogi :-F

O O dep'v jimq xovj djuutoph siem itvevi juxiwis ^_^ vjev't puv nz iyqisvoti.

 

[Sean DeSilva]

Sohjv pux zua esi vjoploph ug siem itvevi opwitvnipv op e wisz vsefovoupem tipti: atoph zuas nupiz gus fuxp qeznipvt. Zua xomm hiv e nadj johjis zoimf epf eddanamevi getvis, og zua qav etofi tuni ug vjev nupiz op usfis vu nesliv gus qsowevi nupiz mipfist.

Vjisi ot e muv vu ci teof ecuav djuutoph e veshiv esie cav e raodl sami ug vjanc ot vu djuuti vji csief-epf-cavvis esie og quttocmi. Vjsii-cifsuun 2 guuv cevj, 6000 traesi-guuv muv tobi, ivd. Nezci foem fuxp vjuti siraosinipvt e cov et zua'si op upi ug vji nutv iyqiptowi neslivt op vji duapvsz. Muul gus e sipvem opduni 1% us nusi qis nupvj, ug vji vuvem qasdjeti qsodi. zua xup'v gopf vjev cz cazoph epz umf vjoph ugg vji NMT, zua piif vu miesp nuvowevif timmis neslivoph. huuf madl vu zua