Moving To LA, Renting in NY

[Account Closed]

Hey guys I have a quick question.

I had all the attentions of buying my first rental property at the end of this year (I live in NY and planned on buying my first property in the NJ region) I just got offered a job in LA where I'll be relocating in September.

My question is should I still buy the property in NJ and have a property management company deal with it or drop the idea completely and start looking in the California region?

[Eric Dowling]

Nylisha Gilbert I will say it will be much easier and less of a headache to buy a rental there now and get all your people in place before you move than it will be to regret not doing it and trying to do it from across the country.

I know nothing about the NJ market so I can't say whether you are better off buying here or buying where you are now. I would suggest checking out the markets here and seeing if there is anything comparable to NJ. Don't hesitate to reach out either.