All Forum Posts by: Account Closed

@Nick Noon 

I 100% understand your frustration! I just had this conversation with my grandmother yesterday and she told me I was crazy for even thinking about getting involved in Real Estate Investing. I haven't even told my mom yet, I'm not quite ready for her response :/

@Gino Barbaro Thank You! and good luck with the move! 

Great advice @Harvet Jones

Thank You!

@Aaron Montague really great points! I'll be sure to connect with you 

@Mark Gallagher you're right about the travel. I thought maybe i'd have to visit pretty often because of all of the horror stories I've been hearing about investors leaving their properties at the hands of terrible property managers. I'll have to do a lot more due diligence before selecting a management team.  

Hello BP! I have a decision to make come 2016 and need your help deciding.

For 2016 my number 1 goal is to buy my first rental property! I currently live in NYC and plan to buy my first property in Albany, NY which is about 2 and a half hours away. I'm still not sure whether I want to hire a property manager or manage the property myself. I currently have a job but it's a contract job and it ends in May.

I absolutely love NYC, all of my friends and family are here but I want to get started investing in Albany. I have two choices to make:

A.) Stay in NYC, travel every weekend to Albany to check on the property

B.) Move to Albany, manage my own property and potentially get the ball rolling quicker investing in the next few properties.

I'd like to know if you were in my shoes what would you do?! What are the pros and cons to renting out a space 2 and a half hours away versus moving to a new location I have some familiarity with?