real estate investing in Brooklyn New York city

Have you ever wondered what it’s like investing in Real estate in Brooklyn New York? When I walk down the streets, I wonder who actually owns these buildings and what kind of person could they be. Well today, you’ll meet one of the owners of many of those buildings. He’s my friend and mentor Dan Borrero and he’s going to share with you how he’s built his real estate investing business since 1989. He’s explaining how the real estate market has changed in Brooklyn and where he’s seeing real estate going in the future. We’ll drive through the city so you can see the new and old buildings. He also gives us a history lesson on New York construction and architecture. Come along for the ride…

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00:00- Intro
2:00 – Meet New York real estate investor Dan Borrero
4:00 – This Brooklyn area is thriving w/ people from the Caribbean
6:00 – The architecture is historic
10:00 – Real estate owners must build a shed over the sidewalk so people won’t get hurt
14:00 – Why did Dan invest in Ft. Green Brooklyn
16:10 – What is Metro Tech and what does mean for real estate
20:20 – Ft. Green Brooklyn real estate has extremely detailed architecture
23:50 – Investors are tearing down 3 family buildings and building large multifamily buildings
25:15 – This is one of Dan’s 3-Family rental properties
29:15 – This is Dan’s Multi-use building w/ commercial on the 1st floor and residential upstairs
40:00 – What Dan thinks about getting out of debt
43:00 – Dan rents out his garages for parking spaces

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