On this episode of The Insider's Edge to Real Estate Investing, I speak with Oren Neria, a real estate investor and principal of MY BK Investments. We discuss the competitive landscape for brokerage in neighborhoods around Manhattan and the success of targeting smaller, more efficient areas like Northern Manhattan and submarkets in Brooklyn. We also delve into Neria's experience in acquisitions and how he uses rejection as an opportunity to grow. With an eye on Brooklyn and smaller value add deals, Neria believes there are discounts to be had with a bullish outlook on the market. 

We also delve into Oren's personal story, including his experience negotiating his starting salary and the importance of understanding the principal of the company you work for.

Oren Neria is the Principal and Founder of MY BK Investments. Throughout his 13-year career, Oren has developed extensive relationships in the Brooklyn market and successfully purchased over 50 investment properties. He currently owns a sizable portfolio of mix-use, multi-family and commercial properties in NYC. 

Before founding My BK Investments, Oren was the Vice President of Acquisitions for G-way Management. He worked directly with the firm's founder on acquiring, developing, and managing the existing portfolio. Over three years, Oren led the acquisition team in purchasing over 40 buildings with a total value exceeding $100 million. Oren began his career in the real estate sector as an investment sales broker specializing in Upper Manhattan multifamily sales. He successfully closed deals valued at over $150 million during his tenure.

Oren graduated with a BA from Boston University in History and Philosophy. 

Guest: Orien Neria

Website: mybk-investments.com 

Linkedin: Oren Neria

Instagram: Oren Neria

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Host: James Nelson

My website: JamesNelson.com LinkedIn: JamesNelsonNYC Instagram: JamesNelsonNYC Twitter: JamesNelsonNYC My Real Estate Weekly articles: REW-online.com/author/jamesnelson My Forbes.com articles: Forbes.com/sites/jamesnelson