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User Stats

1
Posts
1
Votes
Michael Midulla
1
Votes |
1
Posts

Finding a market

Michael Midulla
Posted

Hi All, I live in NY and I am looking to buy in a hot market. Can anyone suggest new emerging markets. I plan to take equity out of my house . So I really need the best option

User Stats

53
Posts
17
Votes
Jake Rhodes
Pro Member
  • Rental Property Investor
  • Crown Point, IN
17
Votes |
53
Posts
Jake Rhodes
Pro Member
  • Rental Property Investor
  • Crown Point, IN
Replied

Indiana isn't super sexy, but it's consistent and cashflows...

  • Jake Rhodes
  • User Stats

    132
    Posts
    43
    Votes
    Kiernan LaFaver
    • Real Estate Agent
    43
    Votes |
    132
    Posts
    Kiernan LaFaver
    • Real Estate Agent
    Replied

    Syracuse NY for sure! Fairly consistent rents for properties spanning realistically in the 100-250 range, with a healthy mix of SFH and MFH. Mattydale (a suburb of the area) was recently named one of the most "affordable" places in the country that young people are moving to. Additionally, once micron (a large microchip processing plant) is up and running (construction is underway) there are expected to be nearly 50,000 additional jobs created in the immediate areas. Happy to chat more about this market as a possibility.

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