Move to Westchester County, NY
Good afternoon,
I am an engineer considering a move to Westchester County from Dallas, TX, and I would like to house hack my way in New York. I am unfamiliar with the real estate market in the area, so I am looking for advice on where to look for multifamily properties. I have found some properties via the MLS, many of which have appeared within the past two weeks. Several questions I have in mind to get familiar with the area:
-Is there a reason that a bunch of multifamily properties have appeared on the market recently?
-What is the level of demand for multifamily living in Westchester County?
-How has the market changed in the past several years?
-What demographic should I expect to see in the area?
-What is STAR in terms of taxes and how should I integrate that into my deal analysis?
I am keen to jump in with both feet, and would love to know any other advice you may have that is specific to the area.
Thank you!