Multi-Tenant rental advice for a newbie - NYC area
Multi-Tenant rental advice for a newbie
I am considering purchasing and renting out several small units as a passive (part-time) hobby.
This website gives great advice for starters but it seems very difficult to find reasonably priced properties in my area New York City/NJ.
Does it make sense to get property in another state and rely on a management company to maintain it?
Any suggestions on how to find anything like 4-units or less in NY?
Any ideas would be GREATLY appreciated.
Aaron