Newbie From New York City
Hi Everyone
I'm new to bigger pockets and real estate investing in general. My short term goal right now is to buy a duplex or triplex in Jersey City, Journal Square area near the path train.
The plan is to live in one unit and rent out the other to cover the mortgage, I work in the city so I would have to commute but the price of housing makes so much more sense than New York city, in terms of purchase price and rental income. Though it is more affordable, the price of real estate is still pretty high even in Jersey City.
I guess my target niche will be people who live in New Jersey but commute to work in New York City.
If anyone as any advice or tips it would be much appreciated. Also if anyone would like to recommend another location to look into that would be great also.
Thanks
Kin