Probably 15-20 were looking for section 8 so that size house might be a hot commodity to look into.

New geothermal furnace 2013(warranty transferable (heat in winter air conditioner in summer) with hot water assist,jetted tub, 1 4pc bath I 2pc en-suite 1 2pc( toilet,sink) in laundry basement, New flooring in bedrooms 2013!

Plano and Richardson remain hot.

On top of it, my target market would be starters/couples, and in the good neighborhoods they can only afford an apartment below the regulated threshold.... (1500 eur or so, which gets you a 65m2 apartment I'm the hot rental market).Den Haag seems indeed more attractive than in 2009 when we bought our place there.

Anyone can buy out of state cash flow, hardly anyone can buy a hot market NYC duplex to live in.

You happen to be in a pretty hot market right now and I'm sure you won't have any problem connecting with locals here on the site.

As the rental market is consistently hot in NYC, we focus a lot of time on keeping the buildings in our portfolio filled with good tenants, and branch out to other management companies when our vacancies dry up.I've also been charged with bringing in new property management accounts for our company, something that I hope the brains here on BP can help me with.

We did have a similar scenario in our house in California that we purchased for $250k 6 years ago that is now worth $500k (much more but a well and solar in the desert is apparently worth nothing to an appraiser -_-) We got a HELOC on our residence for $180k and have used that to purchase two multi family homes.

But BP Podcast 73 with Mehran Kamari opened my eyes to out of state investing when you're faced with a local market like LA so long as you have "boots on the ground" in the other state.For someone like me who is just starting off, with a decent income, should I go for the expensive LA rental if the numbers somehow miraculously work or is it wiser to partner and look towards out of state hot spots given the full time job situation?

I see the North-shore area as a hot market right now I grew up in these parts I know the area very well.Any feed back would be great!!