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Updated almost 7 years ago on . Most recent reply

User Stats

20
Posts
20
Votes
Gabriel Green-Lemons
  • Rental Property Investor
  • Hackensack, NJ
20
Votes |
20
Posts

Calling all Out of State Investors who live in New Jersey!

Gabriel Green-Lemons
  • Rental Property Investor
  • Hackensack, NJ
Posted

Hi BP family,

Is there anyone out there currently living in NJ who also happens to invest out of state? If you live in NJ, especially north Jersey, you know prices can get pretty expensive relative to other markets. After reading @David Greene's book on out of state RE investing (which was excellent by the way), I became motivated to buy and hold without using a turnkey company in markets with lower costs to entry, lower property taxes and laws that are more landlord friendly. 

Now that I have taken the leap, I would like to connect with other investors living in NJ who have done or are planning to do the same thing. I am hoping we can bring each other value by sharing experiences (good and bad), knowledge of different markets as well as our networks. We all have our individual goals we have set out to achieve. I'm thinking we may be able to help each other get there faster while side-stepping some of the landmines. 

Most Popular Reply

User Stats

61
Posts
44
Votes
Raymond Y.
  • Jersey City, NJ
44
Votes |
61
Posts
Raymond Y.
  • Jersey City, NJ
Replied

Hey Gabriel,

I fit your criteria. I am in Jersey City and I currently invest in Allentown / Lehigh Valley. Good cash flows and the close drive from North Jersey is why I chose that area. What areas are you currently considering?

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