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Franklin Lucas
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Out of state investing

Franklin Lucas
Posted

Should I buy my first rental property in New York or out- of -state ( Atlanta Ga, Harrisburg PA or south Nj jersey?

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Account Closed
  • Rental Property Investor
  • Escondido, CA
137
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268
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Account Closed
  • Rental Property Investor
  • Escondido, CA
Replied

@Franklin Lucas, it might depend on your goals and strategies. Are you looking to favor cash flow or more interested in a stable market with possible appreciation. Do you want to self manage? Do you mean all of New York, because Manhattan is a very different prospect than up state? Do you know people in any of the markets you mention that might already start you on your way with connections?

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