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Updated about 5 years ago,

User Stats

97
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55
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Asim Sheikh
  • Long Island, NY
55
Votes |
97
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Best place to invest in a 50 mile radius around New York City

Asim Sheikh
  • Long Island, NY
Posted

Hi All - Seeking some advice on the BEST TOWNS to invest in a 50 mile radius around New York City.  I have read various articles, including blog posts, that say that New York CIty itself, including Long Island, is not an ideal place for a new investor to begin their journey, given that the costs and taxes, respectively, are way too high and most properties do not cash flow.  Having lived in a suburb of Hartford for many years, and knowing that the economic climate and outlook of CT does not look too good for the foreseeable future, any thoughts on where would be an ideal place to start?

Thanks in advance!

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