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Updated over 11 years ago on . Most recent reply

User Stats

30
Posts
6
Votes
Chris Rusoff
  • Brick, NJ
6
Votes |
30
Posts

Complete Newbie from Brick, New Jersey

Chris Rusoff
  • Brick, NJ
Posted

Hello All,

My name is Chris, I'm 26, and I'm located in Ocean County, NJ.

I came across this website through a Google search about a week or so ago and have been hooked. I really have almost zero knowledge on real estate investing, but I have been cramming the past couple of weeks trying to learn as much as possible.

I am trying to decide what would be a smart first investment for myself. I have enough money for a down payment on a property for about 95K max.

I would like my first investment to be close by but with taxes being so high in New Jersey, I don't know how I could afford anything worthwhile.

Some ideas I've had so far are..

A piece of land in the Outer Banks of NC, a rental property in Raleigh, NC, a rental property in Myrtle Beach, SC, a rental property in the Naples area of FL, or a vacation rental in the Pocono area of PA.

Any opinions or suggestions would be greatly appreciated!

Looking forward to getting to know everyone here!

Thanks!

Most Popular Reply

User Stats

30
Posts
6
Votes
Chris Rusoff
  • Brick, NJ
6
Votes |
30
Posts
Chris Rusoff
  • Brick, NJ
Replied

Thanks for the links Brandon Turner ! Extremely informative! I'm getting pumped to start making some deals

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