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Updated over 8 years ago on . Most recent reply

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Eric DeVito
  • Staten Island, NY
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Best markets to buy Small Multi-families

Eric DeVito
  • Staten Island, NY
Posted

Hello all! Just would to some ideas on what are the hottest or best markets to buy 2-4 family units in right now? I am in NYC and it is hard to invest in those types of properties here without having a decent chunk of change. 

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Darren Sager
  • Investor
  • Tampa, FL
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Darren Sager
  • Investor
  • Tampa, FL
ModeratorReplied

@Eric DeVito your best move is to stick to the market you know best, NYC.  There's a great post that @Llewelyn A. just wrote about those investing in the NYC area and our rents (and appreciation) vs. other areas of the country which is so good and well written all I need to do is point you to it and you can read it for yourself.  

https://www.biggerpockets.com/forums/12/topics/393217-how-the-heck-do-people-get-started-investing-in-nyc

It's the 6th post down I believe.   Hope it gives some insight.

  • Darren Sager
  • 862-208-2287
  • Podcast Guest on Show #48
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