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Updated almost 6 years ago on . Most recent reply

User Stats

40
Posts
14
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Maricruz Romero
  • Accountant
  • New York, NY
14
Votes |
40
Posts

Seeking long distance investing advice- How do I select a market?

Maricruz Romero
  • Accountant
  • New York, NY
Posted

Hi BP!

I am a new RE investor from NYC - Queens. I am currently self educating through reading books and listening to podcasts. My goal this year is to purchase 1-3 multi-family deals to rent outside of the NYC area. I am not familiar with any other states as I've lived in NYC my entire life. I am trying to select a market to invest in and I am looking for advice on how to go about researching a market. It would be great to here about how others have gone about selecting a state to invest in and figuring out what neighborhood/area they wanted to look into without having prior knowledge of the area. 

This process is a bit overwhelming and I don't want to get stuck on this step. All advice and comments are appreciated!

Thank you,

Maricruz Romero

Most Popular Reply

User Stats

40
Posts
14
Votes
Maricruz Romero
  • Accountant
  • New York, NY
14
Votes |
40
Posts
Maricruz Romero
  • Accountant
  • New York, NY
Replied

@Eric Veronica thanks for the suggestion! Will try that out. I plan to be more active on these forums so hope that will help out too. 

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