Updated over 5 years ago on . Most recent reply
Buying first rental property in Long Island, NY area
I am looking to invest in NY, preferably the Long Island area, however, after analyzing many properties it's hard to find something that makes sense. Seems as though not only increasing market value is the problem, taxes seems to be the biggest problem. Average yearly taxes are $9k+. Any suggestions?
Seems as though flipping is the only option but even that is hard to find given list prices.