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Updated over 7 years ago,
NYC vs Anywhere Else
I would like to buy my first rental property in the US.
Because it is my first deal, I would like to invest locally but I live in New York and the returns in this area are not that great.
I have two options:
- Buy a rental property in NYC that is close by to me and sacrifice returns
- Buy a rental property somewhere else and trust a property management company for the operations
What would you do?
Thanks so much in advance!
Laura