24, a decent amount of savings in the bank. I’m sort of interested in buying a property in the next few years.
Is this a good or bad idea? I live in Ny area, so obviously the city would probably be too expensive to buy any property. Would probably have to buy further out in westchester, Long Island, maybe connecticut or NJ. If I buy, should I be living there? Or should I rent it out until I’m ready to live there (assuming it’s a bit further from the city). Very early stages of just thinking

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Maybe try Jersey City, cheaper than NYC, but still easy to reach and commands good rent calues

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That’s a good idea. So you are recommending renting it out? Is it difficult to be a landlord?

Why don’t u buy in TX and rent it out? I have rental properties here and they have been profitable since I bought them (5 years now). I am ploughing the profit into the stock market and making 10% annually.

Where are your properties in Texas?

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