Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

25
Posts
9
Votes
Parth Patel
  • Specialist
  • Allentown, PA
9
Votes |
25
Posts

Help with 20k investment NJ/PA

Parth Patel
  • Specialist
  • Allentown, PA
Posted
Hey everyone, So I need a little bit of advice. I'd like to put 20k down on a property in either NJ/PA. I plan on renting out the unit/units. I know that it'll be difficult to find a property worth 100k in Jersey but have any of you had luck? I'm not sure what type of rental property I should start out with (i'd like a multi family if its possible). Also what types of properties generally require less effort? I'm making a relatively large investment (1m+) in the restaurant Industry so most of my time will be focused on running my restaurants. I'd like to keep my investment low until I get my feet wet. *I'm still doing a lot of research to learn as much as possible but i'd like to get an idea of what I should expect. Thanks.

Most Popular Reply

User Stats

504
Posts
191
Votes
Arpan Patel
  • Investor
  • Chicago, IL
191
Votes |
504
Posts
Arpan Patel
  • Investor
  • Chicago, IL
Replied

Why not look for turn key providers in those areas and see what they have? If you'd like we can discuss turn keys and how you can leverage them. Restaurants industry is tough so I get trying to diversify out some of the risk.

Loading replies...