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Updated over 2 years ago,
Choosing a market to start out in driving distance from NYC
hi! I live in NYC and am looking to buy my first real estate property to rent out, ideally for a combo of income and appreciation. The thought of buying in a market I'm unfamiliar with and isn't within driving distance is a bit daunting to me. Any suggestions for markets within a couple hours distance of NYC that you would recommend I look into? New Haven, Philly?
Separately, my daughter is going to school in the fall in New Orleans so I am considering investing there, but it seems like Nola has its own set of problems that might make it too difficult as a first investment. Any ideas are greatly appreciated.