Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago on . Most recent reply
Investing in Multifamily properties in Bergen County, NJ
Hey everyone!
I am fairly new to the BP community and I am just starting my investing journey in New Jersey. I have mainly been looking in Bergen county for duplexes and triplexes up to 700k and have put in 6 offers, all over asking but haven't gotten one! I am getting discouraged and not sure if I should be looking elsewhere in New Jersey. Any advice would be greatly appreciated and I look forward to networking with other investors.
Most Popular Reply
Hang in there @Jennifer Weiss. It’s definitely a process. What you don’t want to do is force the process and buy at the WRONG price point. You make your money when you buy at the right price. Have you thought about looking in other areas that might not be as competitive? It might be something to think about.