Investing in multi family in Newburgh, NY

[Andres Restrepo]

Good afternoon all!!

Brand new to BP and so glad I found it, so much information. I have dabbled in RE in the past but nothing major, pretty much have gotten lucky with some rentals. In the military and living in beacon, but considering renting my townhouse and getting a multi family in Newburgh, live in one, rent the other. I’ve been looking into Newburgh for a few months now and getting my ducks in a row just in case I pull the trigger. Has anyone invested in Newburgh recently? Is it still a hot market or too expensive to make it work? Most of the posts in the forums are from 2018 and I’m sure the info is a tad dated. Any and all advice will be greatly appreciated.

[Eric Hrlbock]

I’m a teacher in newburgh so I have only wholesaled there, never kept a rental. I felt it might be a conflict of interest.  I do invest in Poughkeepsie, I have a bunch of units and have had a positive experience there.  Anyone looking to invest there feel free to hit me up w questions.  I bought a 10 unit last week and 2 duplexes 2 weeks before.  I am supposed to lock up a duplex that needs a little love by end of the week that I will wholesale or keep in portfolio