All Forum Posts by: Lyndon Major

Moving to NYC soon and I'd love to house hack a duplex, but considering cost and my newbie experience level, I'm more inclined to invest outside of the city. I've only looked at the MLS (really just zillow, realtor, and streeteasy) but im able to make the numbers work on more properties around Newburgh and Poughkeepsie and see virtually no opportunities in NYC.

I realize experienced investors can find deals anywhere but I want my first deal to go well so I'm inclined to buy more properties. 

What are your thoughts on living in an apartment while investing in a multifamily 1.5 -2 hrs away? Am I asking for a headache? Is a property manager a good idea with that distance?

I welcome all opinions...

Thanks for posting this! I look forward to the community's replies.

I too am a rookie looking to build a network. I'm moving to Manhattan next month (from SF - so I can relate to intimidating markets for a noob). 

I hope to understand the area a little better after moving, then I can decide exactly where I want to invest. I'm happy to share with you any helpful resources I come across. 

Good luck!!