Newbie in NJ not so new to real estate

[Jimmy Dumas]

Hello,

Here it goes... I am a Licensed Architect who has helped many real estate developers make a ton of money over the years by designing their projects. Fortunately, I took the plunge in the late 90s and bought a few properties and rode the real estate wave. Fast forward to 2013, I am looking to execute a better plan which includes creating multiple streams of income by investing in multi-family properties that require rehabbing. My goal is to have a 5 year holding period for these properties and then analyze whether it makes sense to sell or to continue to hold on.

I live in central NJ but find myself in New York City, mainly Manhattan and Brooklyn, a few days a week as well as northern NJ. If anyone else is on a similar or parallel path, let me know. If not, I'd like to hear from you anyway. Thanks.