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Seeking Areas to Invest In Away From Home.
Hello all!
I'm from Long Island, New York (Suffolk county) where it is nearly impossible to start as an investor in real estate due to astronomical house prices and even higher taxes. I am fortunate enough to have a large amount of capital and I want to get started investing in places away from Long Island. I am just looking for cities/towns where there's a market for real estate preferably in North/South Carolina, Virginia, Connecticut, Pennsylvania, and maybe even states on the west coast. If anyone has any insight please feel free to share. I plan to take a trip to wherever appears to be a promising area and would gladly treat you to a steak dinner (lol).
Thank you BP community!
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Originally posted by @Eric Brust:
Hello all!
I'm from Long Island, New York (Suffolk county) where it is nearly impossible to start as an investor in real estate due to astronomical house prices and even higher taxes. I am fortunate enough to have a large amount of capital and I want to get started investing in places away from Long Island. I am just looking for cities/towns where there's a market for real estate preferably in North/South Carolina, Virginia, Connecticut, Pennsylvania, and maybe even states on the west coast. If anyone has any insight please feel free to share. I plan to take a trip to wherever appears to be a promising area and would gladly treat you to a steak dinner (lol).
Thank you BP community!
Mid-markets in the Midwest always bring the best investment. Places like Cleveland, Cincinnati and Toledo are great because they are not flooded with investors yet. Plenty of room to find a good property!