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Advice on preferred areas (NY/FL) for multi-family rentals
I am currently in contract to sell my rental property in NYC and live in Saratoga County, New York and Palm Beach County, Florida. I am considering a 1031 exchange and therefore considering purchasing multi-family rental property(s) that are local to me in New York (Albany, Troy, Watervliet, Cohoes or Saratoga areas) or Florida (Palm Beach, Fort Lauderdale, etc.) and I am looking for advice or reference material that will assist me in making an informed decision on pursuing multi-family rental investment property in these areas.
Most Popular Reply
My wife and I have a two family in the Pine Hills Neighborhood, one street east of S. Manning. We are moving to Tennessee so will be selling if you’re at all interested.