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Updated 3 months ago on . Most recent reply

Poughkeepsie NY Real Estate Investing
Good Afernoon BP,
Looking to invest in the Poughkeepsie NY area. Was wondering from those who are familiar with the area if it is a good location for buy and hold investing? What are the negatives? Preferably looking for a duplex or a single family home.
From my research Poughkeepsie looks like an area on the rise. Things that have stood out so far in my research:
1-Close proximity to Metro North (90 minute ride to NYC)
2-Vassar Medical Center
3-Marist & Vassar Colleges
4- The Walkway over the Hudson
5-Restaurants/Cafes/Hotels, etc.
Thanks for your time. Any tips or advice is greatly appreciated!!
-Marc
Most Popular Reply

I invest in poughkeepsie. Great for buy and hold. Rents have gone up substantially and so have home prices. I'm seeing 125-150 per unit vs couple years ago you could get them for 80-100 per unit. Downside is good cause eviction law passed back in the fall. Certain blocks are worse than others but just don't go there at night.