Updated over 1 year ago on . Most recent reply
Looking for a start of my journey.
I have been living in Hudson Valley for about 10 years and ready to press the start button for my first house/ duplex/ triplex… to eventually turn it into a fully rental property. I would very please to learn from all of the experts in here about which area is good for a potential investment property with low risks. Many thanks to all investors here for your input, time and effort.
Most Popular Reply

Awesome you are getting into real estate! YAY!
Definitely consider a property in your area if it's your first one. HOWEVER! Demographics are really important when considering a house to buy. Ideally, you want a stable and/or growing population and low unemployment. Also have an understanding of housing demand versus supply for houses and apartment rents (I wish I considered those factors when buying my first home).
Also, make sure you understand debt financing and you spending time modeling out your costs.