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Evan Thomas
  • Rental Property Investor
  • White Plains, NY
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57
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Where to Start House-Hacking in Westchester (or Nearby) County

Evan Thomas
  • Rental Property Investor
  • White Plains, NY
Posted Sep 15 2016, 08:58

Hey Everyone,

I'm currently renting in NYC and working in eastern White Plains, NY at PepsiCo. When my lease is up in July 2017 I'd like to buy a multi-family house and house-hack my way to more real estate investing and cheaper living. I'm having a pretty hard time narrowing down which areas to look at in the Westchester area. I welcome all pointers and discussions on locations including: Yonkers, Hudson-on Hastings, anywhere along the Hudson Metro North Line (Tuckahoe, Scarsdale, etc.), White Plains, Valhalla, and even Connecticut. 

There are so many options, and I'm really not sure where to even start. The biggest trade-offs I've noticed so far are:

1. Distance to Metro North rail line or highway
2. Higher house price vs. higher taxes
3. Reasonable prices in bad neighborhoods vs exorbitant prices in B+ and up neighborhoods

I'd like to start driving (biking) for dollars and potentially find a deal, but if anyone could help me narrow down the geography to a more defined area I would be very grateful. 

Thank you very much.

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