emerging markets

[Sean Abrams]

Hi....I am a newbie, have not yet invested in any form of real estate on my own. I am trying to educate myself as best as possible so I appreciate any help.  I live in Northern NJ and multi-family apartment buildings are very expensive and returns are low.  I am looking to other states to invest my first deal and find a great management firm there.  Does anybody have any good suggestions of where I should start looking??

Thanks

[David Bokman]

Before you go ahead and start investing out of state I HIGHLY suggest you first start locally. You don't have to start with a multi unit property, start small.....work your way up...trying to invest in area's that you know nothing about and have never actually been too for a newbie is a classic mistake!! Start within a 20-50 miles radius of your house first.  Just my 2 cents.....

Best of luck and happy NYE!

DB