Condo in NYC or House in Southern California?

What would be more wise choice of investment if one decides not to sell for at least 20-30 years?

With budget of 1 million dollars, what would you recommend?

In NYC, you can probably get 2 BR condo in Brooklyn under 1000 SF with HOA of around $400/Month.

Or in Southern California, depending on the area, you can buy 2-3 BR house with no HOA and possible lot for ADU.

Both will be used for primary residence during first 3 years and listed for rental property.

submitted by /u/Alreadyitt
[link] [comments]

What would be more wise choice of investment if one decides not to sell for at least 20-30 years? With budget of 1 million dollars, what would you recommend? In NYC, you can probably get 2 BR condo in Brooklyn under 1000 SF with HOA of around $400/Month. Or in Southern California, depending on the area, you can buy 2-3 BR house with no HOA and possible lot for ADU. Both will be used for primary residence during first 3 years and listed for rental property. submitted by /u/Alreadyitt [link] [comments]

<a href="Read More“>View Full Article

Need More Commercial Real Estate Leads?SAVE 40% this month!

Our commercial valuation calculator was created to evaluate commercial real estate. In 6 quick steps you will know your NOI, CAP RATE, and IRR.

Now you can get your own branded version of our calculator!