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Updated about 8 years ago on .

Account Closed
  • Rental Property Investor
  • Toms River, NJ
0
Votes |
5
Posts

Billboard Investing in Southern Jersey/North Jersey

Account Closed
  • Rental Property Investor
  • Toms River, NJ
Posted

Hello BP Members,

I've been a member for a few months, watched mostly all the podcasts, and even had the time to read some forums. I truly believe in investing in rental properties, maybe even start off with a owner occupied loan. But, I recently moved back to my home town, and I noticed more homes in my neighborhood are vacant, taxes are high, and the local power plant is planning on shutting down, worrying the locals about raising the taxes even more.  So rental properties at this point wouldn't fit my schedule or budget. But, I'm dying to invest my money into assets, and it hit me when I was delivering for my job. BILLBOARDS! I see the big companies like Lamar and Outfront etc.. But it was the little billboards that are privately owned that sparked the bulb.

I'm posting to hopefully reach someone with experience in this field of investing, specially in New Jersey. I would love to learn more about the laws, What kind of materials would be the cheapest on a low budget. Even some ways I could market to local businesses. I want to offer locals a better deal then the bigger companies.

Hope to hear back.