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Updated almost 5 years ago on . Most recent reply

Jon Abadia's profile image
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Jon Abadia
  • from New York, NY
  • Member since Feb 11, 2019
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Jon Abadia's profile image
Jon Abadia's profile image
Jon Abadia
  • from New York, NY
  • Member since Feb 11, 2019
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Jon Abadia
  • New York, NY
8
Votes |
25
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Buying & Selling Real Estate

To invest in NYC . Multifamily property good idea at this time

Jon Abadia
  • New York, NY
Posted

Purchasing MULTY FAMILY property in New York City . Would that be a good idea at this time?

Do plan on living in one unit and renting out the other unit.

Plan on taking advantage of these low rates

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Taylor L.'s profile image
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Taylor L.
  • Rental Property Investor
  • from RVA
  • Member since Jun 22, 2016
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Taylor L.'s profile image
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Taylor L.
  • Rental Property Investor
  • from RVA
  • Member since Jun 22, 2016
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Taylor L.
  • Rental Property Investor
  • RVA
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Taylor L.
  • Rental Property Investor
  • RVA
Replied

Bear in mind how the government and general populace are treating landlords in NYC right now. It's one of the more unfriendly places in the country for property owners. Be aware of what you're getting into and learn to property screen tenants.

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