Hi from Northern New Jersey

[Luli Passet]

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