Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
Investing in NY vs OoS
Hey everyone,
First post newbie post I'm so excited
I currently live in Brooklyn New York and I've been trying to absorb as much about REI as i can. Ive been reading books, creeping on the BP forums and listening to podcast everyday. As a lot of you know some parts of NY is very expensive, especially the area I live. I have a good amount of capital saved up to start investing. My father is helping me through my RE journey, i would say he is kind of my mentor at the moment because he does own a property here in Brooklyn, so i look to him for guidance.
However, I think it there are a lot more opportunities Oos than there is currently in NY. He would like something in Brooklyn where its close to home, so thats were we conflict.
So I'm here to get a second opinion from some professionals. Would it be in my best interest to start in my own backyard even though its more expensive than starting out Oos?