New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Northern NJ - Multifamily vs House Flipping
Hello BP community!
I have been a member for a year or so but thought it was necessary to redo my intro post due to my relocating to NJ. I just started my full time position a few months ago and have narrowed down my REI options to Multifamily Rentals and Low Income House Flipping.
I was originally interested in purchasing a multifamily house (triplex/quad etc.) and occupying a unit while renting out the rest. However, I was wondering if others have had much success with multifamily housing in NJ despite the ridiculously high property taxes.
I have read through the Ultimate Beginners Guide and am about 1/4 the way through the BP podcasts.
Thanks