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Updated about 6 years ago,
Northern NJ Newbie Seeking Advice
Hi Everyone, my name is Allie and i'm 23 years old and i'm looking to get into the rental property business. I currently work for a consulting firm and I am a licensed health and life insurance producer so I am pretty comfortable with working contracts and managing connections.
I am currently saving up for my first property but I'd like some advice to help me with the ins and outs of the business.I live in northern NJ and know the area well so I would like this to be my first area of interest, especially Morristown, NJ.
I'd like to invest in a duplex where I could live in one unit and rent out the other to start, does anyone have any thoughts on this strategy?
Any pieces of advice are welcome!