First investment property

[Enrique Perez]

Hello my name is Enrique I live in California, I’m interested in NJ because of the location south of NY and North of Washington and close to the coast as well. I’m looking around Camden zip code 08104 and looking for a small property with a 100,000 price tag or less (mind this is my first property I do have over 30k in hand). I’m looking for a turn key property with a long term tenant (preferably in place already) this way it isn’t too much of a hassle for me. Would greatly appreciate some advice on what areas I should be looking into. I am looking to buy very soon mainly because I do have the cash on hand, real estate agents welcomed. :) 

It can be in Ventnor city or across the Delaware river in Philadelphia too. 

[Tyler Everidge]

Hey Enrique! 

While I am not a real estate agent in NJ, I would say it would be difficult to find a solid property without to many issues in NJ for that price. If you want steady cash flow I would suggest taking a look at the midwest. For example I personally invest in Dayton, OH because of the steady employment from the Air Force base, health care, universities, and soon the Amazon Distribution Center. Ohio is also a landlord friendly state, it's one of the few state still relatively affordable for first time buyers. Feel free to reach out if you have any questions.