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09-07-2011, 12:34 PM #1
Renter
- Join Date
- Oct 2007
- Posts
- 9
Investing dilemma: should I move out of NY if I want to start investing?
Dear members,
i live in Queens - NY and I have a small capital saved. (about 70K)
i work as an accountant with a modest salary. and im single.
I want to get started investing by buying rental properties but
prices here in NY are too high to think about investing.
some people i know here in NY go as far as Philadelphia to buy properties, (2.5 hours by bus)..its quite a trip, and also i dont own a car
i ve noticed prices of rentals in Florida and Texas are fairly lower compared to NY : should i just move out of NY and live in a southern state to start investing?
thank you very much for your time



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