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Updated over 4 years ago on . Most recent reply

Franklin Lucas's profile image
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Franklin Lucas
  • Member since Feb 5, 2020
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Franklin Lucas's profile image
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Franklin Lucas
  • Member since Feb 5, 2020
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Franklin Lucas
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Real Estate News & Current Events

Out of state investing

Franklin Lucas
Posted

Should I buy my first rental property in New York or out- of -state ( Atlanta Ga, Harrisburg PA or south Nj jersey?

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Account Closed
  • Rental Property Investor
  • from Escondido, CA
  • Member since Jan 20, 2018
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Account Closed's profile image
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Account Closed
  • Rental Property Investor
  • from Escondido, CA
  • Member since Jan 20, 2018
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Account Closed
  • Rental Property Investor
  • Escondido, CA
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Account Closed
  • Rental Property Investor
  • Escondido, CA
Replied

@Franklin Lucas, it might depend on your goals and strategies. Are you looking to favor cash flow or more interested in a stable market with possible appreciation. Do you want to self manage? Do you mean all of New York, because Manhattan is a very different prospect than up state? Do you know people in any of the markets you mention that might already start you on your way with connections?

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