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Updated over 3 years ago,

User Stats

3
Posts
7
Votes
Patrick Murtagh
  • New to Real Estate
  • New York, NY
7
Votes |
3
Posts

Buying First Property as a College Grad living in NYC.

Patrick Murtagh
  • New to Real Estate
  • New York, NY
Posted

Hey all! First time posting here and just starting to get interested in Real Estate. 

A big question I've been kicking around in my head as I think about to begin investing in real estate is how to handle living in NYC? I am currently a 22-year old grad student living on Long Island and plan on moving into an apartment in May 2022 when I begin my full-time job. I have always wanted to live in NYC and my job is located there, so I don't see those plans changing. I would imagine that the NY metro area is an extremely difficult place to begin investing in real estate, so I was wondering what options I should consider for my first property. 

Should I be looking at investing remotely in markets around the country? 

Is the best option to change plans and try house-hacking somewhere that is a commute away from NYC?

Any tips, stories, or suggestions are welcome. Thanks!

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