Real estate investing inquiry, help.

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Hi all, I’m a beginner when it comes to investing, currently living in NYC. I have decided to invest in a home in New Jersey to rent out. However, I’m inexperienced with NJ market and unsure which neighborhood to purchase a home that I will be able to easily find renters . It’s importent to note my budget for a home is 350K. Your help is highly appreciated.

[Joseph Scorese]

Hi @,

Welcome to BP!

There is a lot of good advice above on direction. The most cost benefit way of maximizing your return in NJ  in regards to buying an investment is following NJ Transit and its stops whether express stops back into NYC or productive stops with good schools, rental numbers and communities for a longer occupancy of your tenant(s), Stop at Newark NJ at main station and pick up the train stops pamplets and indentify some towns you would be comfortable based on your capable pre-qualified buy in with liquid $$ and your debt to income can sustain. Then identify a active real estate investment friendly agent to assist in your search.

Let me know if you have any questions.

Regards

Joe Scorese