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Updated over 4 years ago on . Most recent reply

Hud Malik's profile image
Hud Malik's profile image
Hud Malik
  • New to Real Estate
  • from Brooklyn, NY
  • Member since Mar 26, 2020
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Hud Malik's profile image
Hud Malik's profile image
Hud Malik
  • New to Real Estate
  • from Brooklyn, NY
  • Member since Mar 26, 2020
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Hud Malik
  • New to Real Estate
  • Brooklyn, NY
30
Votes |
69
Posts
Buying & Selling Real Estate

Landlord friendly states

Hud Malik
  • New to Real Estate
  • Brooklyn, NY
Posted

Hello all, I will be a first time investor, looking to purchase in New Jersey. Is New Jersey considered to be a landlord Friendly state?

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Lamont Chen's profile image
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Lamont Chen
  • Realtor
  • from Hudson County, NJ
  • Member since Sep 9, 2017
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Lamont Chen's profile image
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Lamont Chen
  • Realtor
  • from Hudson County, NJ
  • Member since Sep 9, 2017
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Lamont Chen
  • Realtor
  • Hudson County, NJ
110
Votes |
176
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Lamont Chen
  • Realtor
  • Hudson County, NJ
Replied

@Hud Malik NJ is a tenant friendly state but I have never had a problem with my rentals in North, NJ. For me I like to keep my units updated so that I can attract good tenants where income is >3x the rent.

Despite the high taxes in certain areas, appreciation has been good in addition to the rent you can collect with proximity to NY.

Feel free to DM me if you have further questions

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