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All Forum Posts by: Anthony Kono

Anthony Kono has started 5 posts and replied 12 times.

Post: Buy local or out of state

Anthony KonoPosted
  • Posts 12
  • Votes 4

Thank you for such great responses and amazing information. I have a current single family home which I’m paying mortgage and have some equity in it , about 100-150k. I can put another 80-100k on my own. I would be able to manage myself only if close by. Otherwise I would definitely need to hire management company.  main goal is to have steady  cash flow. 

Post: Buy local or out of state

Anthony KonoPosted
  • Posts 12
  • Votes 4

Hello all , I am new to this . I appreciate all of he information and help.  Planning to invest in rental property soon and stuck what area to look into. Since most of the job and population growth is outside my area ( NYC , Staten Island ) is it worth to start to invest local or should I concentrate on places where there is job growth and population growth increase ? I don’t mind having a property manager as long as i know there is positive outcome.  I realise it’s better to have first property close by but worried with questionable future in my area.