Real Estate Investment
Ledwin Oviedo has been investing in real estate for more than 20 years and truly believes that real estate is the single best investment that a person can make. While a new car or the latest electronics might seem like a good buy in the moment, real estate holds its value over time and eventually gives you access to cash from your equity.
Ledwin got into investment in real estate before he ever got involved into real estate on a more professional level. He became a real estate investor, and then nearly a decade later decided to become a real estate broker in 2005. He founded and incorporated Ledwin Enterprises, Inc. in April 1991, a licensed real estate brokerage firm in New York State. In the past 27 years, it has grown to a business of about 20 employees, with 4 people working in-house and 15 people out bringing in deals. Within the NYC real estate, he primarily focuses on the Bronx and Manhattan, though he’s actively purchasing properties in Westchester County, primarily in Yonkers, Scarsdale and Tuckahoe.
What sets Ledwin Oviedo apart from his competitors in real estate investment is his extensive knowledge base and level of experience when it comes to knowing the market. When dealing with distressed properties, you need to have that insider knowledge to inform what you’re doing because these properties can be sold very quickly. If, as an investor, you don’t know the market and aren’t 100% sure in what you’re doing, your client could lose the property, something Ledwin has seen happen numerous times. Also, he has seen new want-to-be investors lose their 10% down payment for not knowing what they were getting into.