U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > General U.S.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
Old 04-23-2009, 02:12 PM
Location: Teaneck, NJ
1,576 posts, read 5,140,590 times
Reputation: 683


Elizabeth, NJ

It's in the nyc metro
On the cheaper side
Near all sorts of major cities and airports
The city isn't really hit hard with the economy because of the pros listed above.

Union, NJ is another good bet.
Reply With Quote Quick reply to this message

Old 04-24-2009, 12:57 AM
Location: Southeast Missouri
5,812 posts, read 16,670,673 times
Reputation: 3335
I think neighborhood is more important than city.

Are you looking to buy a building that's ready to move in, or are you willing to rehab? That may make a difference, too.

And are you wanting to rent to college students? There may be pros and cons with that.

Perhaps look around in cities for gentrifying areas near colleges. You could probably buy a cheap building and fix it up, or buy a currently empty building that doesn't need much rehab.

Most of all, make sure you like the city. Not a good idea to be a long-distance landlord.

Disclaimer** I am not a landlord. These are just my observations/suggestions, so take them with a grain of salt.
Reply With Quote Quick reply to this message
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > General U.S.
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top