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Updated over 8 years ago,
Analysis Paralysis
Good Evening BP! So I've read Brandon's book on Rental Property Investing and just started listening to BP podcast. My wife and I are aggressively saving in order to purchase our first MFH / MFR using the House Hacking Method.
The issue is that we live in HUDSON COUNTY, New Jersey and I cannot find a decent property that will cash flow enough to get us to breakeven. Maybe I'm doing it wrong? This has lead to what feels like my first checkpoint / gut check / challenge. What techniques would you all suggest to get past this speed bump and purchase our first property?
Please feel free to share insights, how-to steps and concrete actionable tips for us to move forward. No need for PEP talks as we are eager to take the next step, hopefully, it will be in the right direction.