All Forum Posts by: Anthony Vanson

Its just really hard to beat the amount of house you get here as compared to an hour or 2 south.

Going to be more active here. I have a business so I can really live anywhere, but much much prefer living in a suunny climate and I think  I'd like to live c near my first investment. I might even want to live in it and rent out other units.

Originally posted by @Marc Nespoli:

Are you looking to continue working in the NY market? Easy commutes from the Pocono's, Allentown, and Stroudsburg areas with the benefit of rural living. Let me know and I'll show you around.

Originally posted by @Santiago Martinez:

If you would like to stay in the NYC and invest within 2 hours away, the Lehigh Valley has solid investment opportunities. @Marc Nespoli mentioned great areas too. Not sure how comfortable to would be with invest from afar but it may give you the opportunity to stay. 

You can get MFR for 30-40k/unit in allentown

Originally posted by @Alex Capozzolo:

@Anthony Vanson "There is gold everywhere, but not everyone is trained to see it."  - Robert Kiyosaki ... I live in an expensive area myself, and see investors get deterred from investing here for that exact reason, which I understand. However, don't feel like you should immediately stray from your area. Check the surrounding areas, suburbs, etc 1-2 hours directly outside of NYC that could potentially bare properties with great returns. Follow the Amtrack train lines and see if any accessible areas have potential. An example that I've experienced in my market is areas that are ~30-45min train rides away from San Francisco. Buyers who invested in places like Hayward, CA a few years ago (but after the market crash) are seeing huge boosts in equity through appreciation. Similarly, an area like Hoboken, NJ experienced similar boosts as an upcoming area that is accessible to Manhattan via a quick PATH ride!

But for looking outside your area: I would pull a few reports from some of the big name websites (zillow, redfin, inman, cnn) about which cities are the best to invest in for real estate now, and cross reference them all to see which cities repeatedly show up on each list. From there, dig into things like Unemployment Rate and Population Growth; those are both good indicators of a healthy market. 

If you have any questions about markets out here in California, feel free to message me. Happy to share some insight! Also, not a bad place to move from the east coast (I'm from Pennsylvania originally). Can't beat the weather and scenery out here. Good luck!