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Updated over 4 years ago on . Most recent reply

Rizwan Halim's profile image
Rizwan Halim's profile image
Rizwan Halim
  • from Edison, New Jersey
  • Member since Dec 20, 2012
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28
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2
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Rizwan Halim's profile image
Rizwan Halim's profile image
Rizwan Halim
  • from Edison, New Jersey
  • Member since Dec 20, 2012
Connect
Rizwan Halim
  • Edison, NJ
2
Votes |
28
Posts
General Landlording & Rental Properties

Would you buy a rental in Manhattan now?

Rizwan Halim
  • Edison, NJ
Posted

Hi,

I am looking to buy a rental, maybe Airbnb, and every place I look it seems like bidding wars and other insanity.

The only place where I think I could buy without a bidding war is Manhattan NY. I would love to buy a rental for the right price as I believe NYC will bounce back in a few years. My time horizon is 5 to 10 years.

Even though I would be out of state I have contacts and family in NY. Any thoughts?

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