ANY ONE HAVE GOOD RETURNS IN INVESTING IN MULTI-FAMILY IN NJ?

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I am looking to invest in NJ buy and hold but the taxes kill the cash flow would wanna know if i should invest outside the state with good cash flow with property price ranging from 100k to 200k i am looking for value.

[Daniel Karbownik]

Mario,

It is true that taxes are high in NJ, but everything else is high to compensate.  Look at what a 3 bed 1 bath home in Monmouth county rents for vs. a 3 bed 1 bath home in some southern state with low taxes like Georgia or Florida or something.  NJ rents are way other than other states, and there is money to be made.  Like any deal, you should analyze the numbers as they are and see if it makes sense.  Some will, some won't.  But to simply write off the entire state of NJ as not being good to invest in just because the taxes are high is foolish and lazy.  I have a few rentals in NJ and I do great.  

If you have not done a deal yet, my advice for you would be to invest close to home to start out.  You know the market, you know the neighborhoods, you can drive to the property if there are ever any issues or repairs.  Definitely stay close to start