Decision on where to invest as a beginner!
HI Everyone! I am a beginner although I've watched my dad invest in a few properties in NYC. I am looking to venture out and purchase my first rental. I am unsure if I should invest locally (within NYC) given that it is super competitive and overpriced. Now that I work fully remote, I was thinking about investing in NJ/upstate NYC or even Connecticut. The other option was to invest as a Limited Partner in a real estate syndication. Given the options, what would you suggest? My goal is to build my rental portfolio so that I can build up my passive income. Thanks in advanced for everyone's advice and help!!