NJ area investment rental

[Abby G.]

Hi everyone, new to forum and so excited to see all the resources on this site. I have been looking for something like this for a while so thank you BP! I am currently looking for investment properties in NJ area (also considering Cleveland OH after going through some of the discussions). I live in Boston currently and it is so hard to find a cash flow property. Is there any suggestion in regard to areas in NJ? I am considering the BURR method for this. I really appreciate any suggestions you may have.

Thanks

--Abby

[George W.]

welcome. NJ is a decent state all around. The closer you are to NYC you are the more expensive the barrier to entry generally and the harder it will be to cashflow. People thatve owned along time in places like jersey city saw large appreciation in value. 

The shore is fairly great for many things. I'd imagine short term rentals do good in some areas. Not my cup of tea. 

I stick to small to medium size towns in centeral and south jersey where I'm most familiar with. When I started my own company I got out of the rat race and stopped working up north.