All Forum Posts by: Matthew Mulrenan

Thanks for the advice. In your opinion what is the best way to analyze and compare markets?

Hello everyone, I have a question I would love to get everyone's advice on. How should you prioritize the size of the property versus the location when purchasing properties in hope to rent them out?

In New York City you can purchase a 1 bed 1 bath in a great area for $500k. In other cities, you can purchase a 3 bed 3 bath for $300k-400k.
For example,New York has great rental numbers and has shown also to have a good occupancy rate, but you sacrifice size. Other areas might lack in other amenities but you can purchase a bigger property. Is there a way to calculate the best decision? Thanks in advance for your help.

Hi everyone! My name is Matt Mulrenan I recently graduated from Temple University in Philadelphia. I am starting my career at IBM in New York this August. I am looking to purchase one or more properties within the next two years. I am unsure how many properties I should consider. I have a fair amount of savings I can put into a down payment. I am familiar with the Philadelphia market because of my time at Temple. I am looking for advice, opinions or anything in-between! Would love to develop a mentee mentor relationship

I am still learning the best way to communicate on this website. So, in the meantime here is my LinkedIn: https://www.linkedin.com/in/ma...