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Updated about 5 years ago on . Most recent reply

User Stats

105
Posts
21
Votes
Daniel Sabato
21
Votes |
105
Posts

Problems getting started with Investment Properties

Daniel Sabato
Posted

I’m having a lot of trouble getting started with my first investment property. I just can’t find a good deal that will cash flow in an area that I would be able to rent it. I’m in the NJ area, rents are high & vacancy low which is great, but prices & taxes are incredibly high. I had originally wanted to buy a multi family & live in one unit, then repeat, but it’s been impossible thus far. Any suggestions from anyone with experience or similar issues? I’m becoming very frustrated with the process and the market in this area.

Most Popular Reply

User Stats

874
Posts
355
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Guifre Mora
  • Lender
  • San Diego, CA
355
Votes |
874
Posts
Guifre Mora
  • Lender
  • San Diego, CA
Replied
Originally posted by @Daniel Sabato:

@Guifre Mora How do you make that work? I feel like I would need to be more hands on with my investments & being so far would be tough to manage

Plummer’s unclog toilets 
Landscapers cut grass 
Investors...don’t involve feeling they don’t do any of the above they invest and collect their money.

Do you what to be an investor or a homeowner?

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