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Updated almost 3 years ago, 01/11/2022

User Stats

33
Posts
9
Votes
Chris Howell
  • Flipper/Rehabber
9
Votes |
33
Posts

Is NY worth investing in 2021

Chris Howell
  • Flipper/Rehabber
Posted

With everything going on with Covid and the mass exit of people from New York is upstate worth investing in anymore?

I’m an out of state investor with family roots in upstate. But I’m extremely cautious when looking for flips or buy and holds.

How has the market held up and I’m sure there are pockets that are better than others. For my buy and holds we look for C class and higher so the tenants are usually pretty good as far as jobs as everyone knows.

I just hear horror stories about loss rent and no values out of flips. But I love the area and I want to make sure I get the lay of the land before investing.

Thanks for the help!

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