All Forum Posts by: Akheem Gauntlett

Hi @Allan Szlafrok, 

Can you give us a rough average price for investing in north Jersey? Especially the union county area.

Hi Everyone,

I am looking to join a Nouth jersey investors group for education, networking & opportunities. If such a group exist in NJ please let me know.

Good Afternoon All,

I am currently looking to connect with a local real estate agent who's experienced with working with investors. I am shopping around the North Jersey area and would love to connect and find great deals moving forward. 

I am looking to buy and hold a Multi Family home using the BRRR strategy. The property will be rented out as i am looking to build my portfolio. If you have any experience or think you can help me please let me know. Thank you so much for your time and i look forward to hearing back from my BP community.

@Dan Crenshaw As an investor what are some of the price ranges you look at in our area?

@Tyler Drapeau Those prices are from Irvington you are 100% correct. I am going to start looking for so in union county. Linden, Roselle, Rahway ect. What do you mean by anything C or higher?

@Rowen Burney Thank you very much for sharing that insight. 

Good Morning Everyone, I live in Northern New Jersey and I am finally ready to take action and start acquiring Rental Property. I am going to implement the BRRRR strategy to start growing my portfolio. However, I seem to be running into some pretty high prices for Multi-Family homes. Anyone out there can find help me with a ballpark range on of pricing?

Prices I am seeing 150k and up. Is this normal for my area? Also any resources i can utilize to kind of get the average investment price for a certain area? 

@George Blower Thank you very much. 

@Charles Carillo & @Lexi Teifke Thank you both for sharing your recommendations with me. No, I have not started connecting with local investors yet. I am however working on my credit as well as getting that downpayment to 20k at least. I will definitely start to connect with other investors.

I'm going to start this off by saying I have no idea where to start. Started getting into investing with stocks a few years ago and after reading several books, everything I keep seeing is to find a passive source of income and they usually mention real estate. I'm currently in book 2 of the Rich dad series and they have been great so far. I would love to get into rentals to begin generating some passive income for my family and eventually get out of the rat race.

A little about me to hopefully help point me in the right direction. I bought a car last year, I am currently renting. My total debt with student loans and credit cards is around $20k with a 630 credit score. As of now, I'm pretty much living paycheck to paycheck and that's where I would like to look into some forms of passive income. My savings account is roughly 5000. I don't really have the expendable income to make a large purchase right now, which makes it hard for me but I have seen so many times purchasing a rental property for $0 money down. Any Advice would be greatly appreciated.