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Updated over 4 years ago,
Need advice for out of state investing from NY
Hi - Currently residing in Queens, NY amd have about +$200k for downpayment and want to invest in units as rental property (i.e 3-4 units or duplex).
However, as most of you are aware, it is near impossible to find a property that generates positive cash flow in NY/NJ area and wanted to get some of your insights on how to move forward. Is there any places you recommend to invest in out kf NY or NJ? If out of state is better, where would you recommend? I understand property mgmt is the key...