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Updated over 5 years ago on . Most recent reply

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Gagan Singh
3
Votes |
1
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Beginner investor from NJ

Gagan Singh
Posted

Hi

Looking for exciting investment opportunities for a passive stream of income .

For background I work for a global investment bank designing and managing market linked products.

I have made two rental property investments close to NYC Metro area but the rental yield isn't that attractive as in other up and coming parts in the country. 

Any advice on how to jump in? Typically would prefer to invest in a 2-3 unit multifamily .  Any references on syndication deals?

Most Popular Reply

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3,139
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Alina Trigub
  • Rental Property Investor
  • Glen Rock, NJ
2,094
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3,139
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Alina Trigub
  • Rental Property Investor
  • Glen Rock, NJ
Replied

@Gagan Singh

Welcome to BP! It's not clear from your post whether you'd like to continue buying properties yourself (2-3 fam) or invest passively via syndications. Here's an article to give you further guidance towards making the decision: 

https://www.biggerpockets.com/member-blogs/10850/84064-what-type-of-investor-to-be-when-i-grow-up-active-or-passiv

Also, you should consider going to local REI events found via BP or meetup to network with like-minded investors. Not sure which part of NJ you're in, but we host meetups in Nothern NJ and in NYC. You're welcome to join us. More details are under my profile.

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