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Updated almost 5 years ago on . Most recent reply

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Jon Abadia
  • New York, NY
8
Votes |
25
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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

Most Popular Reply

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Taylor L.
  • Rental Property Investor
  • RVA
4,678
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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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