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Updated about 5 years ago on . Most recent reply
Multi-family Residentials (Investor)
I’m looking to start investing out of state, mostly in multi-family residential. I’m currently reside in New York. I’ve been looking at NJ and PA markets, my question is “what are some of the best neighborhoods in those two states that offer great cash flow and appreciation?”
Thank you!!
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Hi @Pascal Guirand, the economics that make the areas that I mentioned better for investing (population growth, jobs growth, wage growth) are favorable for single or multi family. I prefer multi-family for economies of scale and demographic changes that favor living in apartments over single family homes. Good luck