All Forum Posts by: Adam Anderson

I'm also searching for a great CPA to work with in Morris or Sussex county NJ.  Would love a recommendation 

Adam

I felt the same way when I move to NJ from FL! It's defiantly not as easy as some parts of the country but value add investing can work anywhere. 

Look for properties that are distressed and need work, if you buy at a discount and fix it up you should be able to cashflow just fine!

Welcome @Susan Many! I'd love to hear about your system. I invest in Sussex and Morris counties 

Adam

Thanks @Daniel Karbownik, I did speak with some experts and confirmed we can use one system for both units, looking forward to hearing from you 

Welcome! I can understand your frustration with "the rat race". It's not easy but real estate is a good way to end it! Good luck with beginning your real estate investing career and with wholesaling. If you come across any deals in Sussex or Morris counties keep me in mind.

Adam

Good point on the financing with 4 or less units. The county said 2-4 units were no problem but 6 would require additional approvals. Do you know any contractors in that area?

Any contractors/investors know if the NJ building codes allow for 1 four bedroom septic to run a 2 family home? Each unit is a 2 bedroom unit. The septic is bad and needs to be replaced on a property I am considering.

Hey @Rocco Tironi,

Welcome to BP and the world of real estate investing. I was just looking at a Property in Franklin! I'm local......What agency are you with?

Adam

We have a 4 unit building in Statesville, NC and own the ajecent lot that's about the same size.  I'm trying to figure out if it's feasible.

I'd like to build a 4-6 unit building (assuming the city approves) each with 2 bed, 1 bathroom and small kitchens. 

Does anyone local have a rough price per sqft to assume for average construction with low end finishes?

Hi Stephen,

welcome! I like your goals and they sound realistic. Networking here on BP might even be able to help you make that happen!  There are a number of members in Essex and Bergan counties on BP

Adam