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Updated almost 11 years ago on . Most recent reply
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Hi from Northern New Jersey
Hi everyone,
I’m excited to have found what seems to be an amazing community. Yay!
I hold a NJ RE License, and I'm just getting started in the RE investment industry. My initial goal is landlording, (I'm also very attracted by the idea of flipping), but I know I have soooo much reading to do before the moment of truth comes!
To Buy & Hold, I would like to purchase geographically close to where I live because it seems intuitively easier from a logistics standpoint. I am very hands-on (control freak? OK, sure), plus I see remote management as an added expense. Is it true or it doesn’t even make a difference?
I also wanted to know if anyone thinks that starting off as a Property Manager (for someone else's company) is a good idea or even a necessary step, before I acquire and rent out my first property, or is it rather a waste of time....
Thanks in advance. Happy to be here!
Luli
Most Popular Reply
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Welcome to BP @Luli Passet ! April 4 is going to be our next meetup in Summit. Announcement coming soon!