All Forum Posts by: Carl LaPiedra

@Sam Sala deals can be found both ways. If you want to grind and drive around looking for off market deals, thats a great way to find them. You can also check the mls, websites like realtor, zillow, trulia, etc. If you don't want to do the whole deal-finding grind yourself you can hire an agent.

@Sam Sala Congrats on making your decision to start investing! Have you defined exactly what kind of property you want? (sfh, multi, etc). In my personal opinion I believe anywhere that is close traveling distance to NYC is a solid place to start. I have clients looking to move to NJ from NYC that work there and their primary concern is usually travel time/distance to work. Most are buying but there are some people renting.

I'd say North Bergen down to Jersey City are good places to start. The prices are high but you may manage to find some good deals there, or you can move west from there until you find something that works.

Hope this was helpful. Good luck!

@Reece Iovine that's actually realy helpful man. Thank you, I really do appreciate it!

@Reece Iovine I'm willing to do the work, I just don't really have any direction at this point. Like for cold calling, who am I calling? where do I get this info? and idk what exactly I'm saying. it seems that this particular information is almost impossible to find.

@Steven Foster Wilson thank you for the replies... without a sales background, investing experience, or anything I'll have to do a lot more homework before I can bring anything to the table.

@Steven Foster Wilson @Remington Lyman

Are you guys paying for leads, driving around, looking for properties, or getting contact info for these properties some other way?

Also, this may be a dumb question, but again I am new, is there some sort of script you follow when calling these people? or do you just call and say that you have a buyer that would be interested in their property, would you like to sell?... Are you working out numbers ahead of time, before you call the owners?

@Kobe Xin thanks for the reply! I'll start looking into reia meetings in my area.

@Steven Foster Wilson with the cold calling, are you paying for leads or taking another approach? If I don't have a current buyer lined up, how would I approach a call with someone looking to sell their property?

Thanks

Hi all,

I am a newly licensed agent in the state of NJ. I am looking to have my main focus be on helping investors. I haven't done any investing myself yet, but I've been a BP member since earlier this year. In that time I've read several of the BP books, listened to a ton of podcasts, including the rookie ones, and I've been reading through the forums most days out of the week... I want my agent career to be focused on helping investors because I honetly just love everything I've been learning about REI, and I want to learn more and eventually start investing myself.

Being a newly licensed agent, and having not invested in properties myself yet, I'd like to know how exactly can I bring value to investors?

No problem, @D. McNabb

In my personal opinion, I think Bayonne is a great place to start looking at now. They're building up so much over there, I believe it's in the early stages of approaching a boom in appreciation values. I believe it'll be a few years out, but I think after areas like Hoboken are deemed too high for the demand, people will start moving over that way. It's still an easy commute to NYC if your tennants are working there, and there's lot's of shopping and other businesses that are popping up over there as well.

Hope this helps!

Hey D, 

These answers can be foundly pretty easily by checking sites like Trulia, Zillow, or Realtor. Just search for rentals in whatever area you're interested in and you'll be able to see what everyone else is charging in that area.

Hope this was helpful!