Newbie from Blackwood, NJ (Philly suburb)
Hi all,
I came to this site after browsing online for some good income property advice. My name is Tim and I'm 28 years old and have been a homeowner for a little over 4 years now. Between what my wife and I received from our wedding and just being frugal we have managed to save some money and we're at the point where we'd like to consider buying an income property.
I have found, what I believe to be at least, a solid renting area at a nearby University (Rowan) where I think the demand will always be there and the growth of the University will increase demand and hopefully rental price and home value. Being an alumni of this University, I feel like I know the area fairly well.
I'm really at the beginning stages of doing all my research, running the numbers, finding properties, and all the other aspects involved in this process. I hope this forum and website can be a great tool and I can meet some people with experience locally or otherwise to learn. The podcasts are great as well!