Best place to invest in the Hudson River Valley (upstate NY)?

[Megan S.]

Hi, BP friends! 

I'm looking to invest in a multi-family property (BRRR) in upstate NY, and have been exploring Newburgh, Kingston, Cornwall-on-Hudson, Coldspring, Beacon, and Poughkeepsie.

I'm new to this area - does anyone have thoughts or insight into these markets? Maybe you own a rental in one of the cities above and have some lessons learned you could share? Any investor-friendly realtors I should work with? Tax breaks for renovations I should know about?

Thanks in advance!

-Megan

[Evelyn Zanetti]

Hello, I just found this very interesting feed and I would like to get your opinion on investing in the Hudson valley. I bought a two family brick property in Hudson NY in 2014 and I would like to sell it to buy in an upcoming Hudson Valley town. Do you think it's a good time to sell?

I would be interesting in buying in Newburgh mainly to fix and flip a property, any suggestions?

Thank you so much!

Evelyn