Rental property investing Hudson Valley, Newbie !

[Hugh Horner]

Any current advice on the rental property market in the Hudson Valley and/or Catskills ?? I plan on moving forward with purchasing my first property and starting a portfolio locally -before the year is over..

[Peter Nikic]

Rental property prices are low in this area, leads me to believe there are problems with the rent collected vs expenses. If the property makes income, that's good. But don't expect property values to increase much over time.

Will you be able to manage the property yourself? or will you need someone there? Let me know if you have any specific questions, I own and manage multifamily properties from Manahttan to Dutchess County (east of the hudson).