I've been looking at buying something in NYC area. It seems to be a sellers market now, so I'll hold off for now. But curious what others with more experience thinks of the market now.
I'm single and looking at it as an investment, so solely looking at multi-units. I'm not even considering living there.
For NYC, I think its as safe of a bet as can be. The only downside I see is having to deal with tenants and the general upkeep needed. Not to mention tenants have too much power in this city. Am I wrong?
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