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Updated over 5 years ago on . Most recent reply

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97
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55
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Asim Sheikh
  • Long Island, NY
55
Votes |
97
Posts

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!

Most Popular Reply

User Stats

542
Posts
322
Votes
Ryan Deasy
  • Lender
  • Farmington, CT
322
Votes |
542
Posts
Ryan Deasy
  • Lender
  • Farmington, CT
Replied

@Anthony Rosa no bridgeport is south. new britain is in central CT next to Hartford, Newington, Berlin, West Hartford, etc. if you are interested about any other info, let me know. 

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