A lot of investors based in markets like California and New York are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense. 

@Allen Moore In New York City, section 8 is awful, the tenants play the system masterfully and the courts are in bed with the city.

A lot of investors based in markets like California and New York are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

Both you and your wife should take the time to schedule a session together with an asset protection attorney who knows Connecticut and New York law.Good Luck!

They are based in New York City and Ohio.

Doesn’t sound great but let’s see if things get better, please keep sharing updates 🙏 @Denis Lin and @Stefan D.wanted to update you (and the rest of the BP world) that we have properties in both York and Harrisburgh with 365. 

Most deals the end buyer got 3 to 8k cash out at close so if they did 4 they would get enough to get the 8k they put down to get my loan and pocket 20k or so. that was intended for reserves well we know what happened the cash out went to jet skis or trips or what have U..

That hasn’t happened in quite sometime because I had it jetted.  

At one point in time, if you can believe it, Detroit was a more happening place than New York city.

(I wrote about it in this thread.)The New York Times has indirectly addressed your question a few times -- in this 2019 story and this 2023 article -- where they discuss areas that will fare better in an era of extreme weather and climate change.