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All Forum Posts by: Dalton O'Rourke

Dalton O'Rourke has started 5 posts and replied 15 times.

Post: New Investor to NJ area

Dalton O'RourkePosted
  • Northern Virginia
  • Posts 15
  • Votes 4

@Natalie Schanne

Thank you for the awesome feedback! Student rentals was an area i would like to get into.

With student rentals, Do you rent the house as a whole or per student ? Also what do you plan for vacancy ? Id imagine if you arent able to fill a vacancy by the beginning of the school year youll be out 6-12 months ?

Post: New Investor to NJ area

Dalton O'RourkePosted
  • Northern Virginia
  • Posts 15
  • Votes 4

@Dustin Morris thanks! I figured that is what may happen. Since im not looking to get into a major rehab.

Post: New Investor to NJ area

Dalton O'RourkePosted
  • Northern Virginia
  • Posts 15
  • Votes 4

@Peter T.

Thanks for the feedback! Are you saying BRRRR is not an effective strategy here in NJ?

Post: New Investor to NJ area

Dalton O'RourkePosted
  • Northern Virginia
  • Posts 15
  • Votes 4

@Christopher Scaffa shoot me a DM!

Post: New Investor to NJ area

Dalton O'RourkePosted
  • Northern Virginia
  • Posts 15
  • Votes 4

Hello,

Im looking to take the leap and start investing using the BRRRR strategy here in Central, New Jersey.

I have read multiple BP books and feel like I have a good amount of knowledge. While i have lots and lots of motivation to get started, I also have waves of intimidation. I believe im getting stuck in “ Analysis paralysis”. Im looking for that perfect deal, as well as a deal where i will not get in over my head. Im worried of not knowing enough and feel the need to keep waiting and reading more.

Any advice for taking that first step and starting out?

Thank you!