Manhattan Investment: Hell Yeah or No?

[Kushal Shah]

Hello Guys!

For those of you who are seasoned investors in Manhattan, do you guys love it or would you rather invest elsewhere?

With recession supposedly looming, will a downturn be good time to invest in Manhattan for a rental property?

What’s the :

1. average profit margin

2. cap rate

3. Pitfalls

4. Appreciation over 10 year period

I looked at few properties and the HOA seems outrageous!!!

I will appreciate any feedback from seasoned players 🙏