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Updated over 8 years ago,

User Stats

3
Posts
1
Votes
Will Effiong
  • Real Estate Investor
  • Pomona, NY
1
Votes |
3
Posts

Newbie in need of some guidance

Will Effiong
  • Real Estate Investor
  • Pomona, NY
Posted

Hello BP community, I'm a newbie to REI. I live in NY but want to invest in Newark New Jersey simply because NY is too expensive and as a newbie I don't want to get in over my head on my first flip. My question is this, can I register a business a REI business in NY state and operate in NJ? Is the market in Newark a buyers or sellers market for a single family home? I hoping not to sit on a property too long simply because the market is horrible. I'm interested in the Weequahic section of NJ and its surroundings.

Also, I would like to network with some investors in the area who wouldn't mind being a mentor. Any advise, suggestion, and or guidance will be greatly appreciated. Thx in advance!

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