All Forum Posts by: Harry Metzinger

Thanks for the information Joe.  One question - is the 2-6% penalty (assuming the lien is redeemed) paid to the lien holder or paid to the township?

Hi Steve, not sure where in Jersey you live, but i am in SJREIA.  If you are in/near South Jersey, check out sjreia.org for a list of upcoming meetings.

Hi Frank, good to see other South Jersey investors on BP.  I live in Marlton.  Good idea attending SJREIA meetings.  I have been an SJREIA member for nearly a year and the investment has been well worth it.  I do not have any investment properties currently but am ready to pull the trigger on my first deal in the first half of 2016.

Hi @Donald P., welcome to BP!  That's great that you have already experienced a buy, rehab & hold.  I am focused on the same real estate investing strategy as you.

I can personally attest to the benefits of SJREIA.  I live in Marlton and joined SJREIA almost a year ago.  I joined after making an offer on an investment property...and then realized how little I knew.

Check out sjreia.org.  It is $150/year to join SJREIA.  In my opinion, if you're a South Jersey real estate investor, it's arguably the best $150 you will spend.

Please let me know how I can help in any way.

Thanks for the welcome Renea!

Thanks for the welcome Jules!

@Stephen Hundley Great job! Brandon Turner would be proud of your BRRRR strategy. Can you post details of the finance once that's complete?

Also, what kind of flooring did you install?  Cost to purchase the flooring?

Thank you Greg!

Thanks for the into Nick!

Thanks for the intro Larry!  Larry, keep me posted if you have any single family homes in Marlton to wholesale.  

Hello BP!

My name is Harry Metzinger and I am very happy that I found the BP community.  I am excited to begin my journey as a part-time real estate investor.  I live in Marlton, NJ and am preparing myself to invest in fix-and-flip and buy-and-hold single family properties in Marlton.  

I became a member of the South Jersey Real Estate Investors Association (SJREIA) within the last year and recently passed the New Jersey State Salesperson Licensing exam. One of my big goals is to to purchase a 4+ bedroom, 2.5+ bathroom single family property in Marlton at a price of no more than 70% ARV by May 1, 2016, fix it, and then either turn around and sell that property for a minimum profit of $30,000 within 5 months or use Brandon Turner's BRRRR strategy and rent it out within 4 months. My long-term goal is to generate $80,000/year in real estate income within the next 5 years, with the income being generated from a mix of fix-and-flip and buy-and-hold. I am a big believer in writing down goals and have been updating my accomplishments and goals on a weekly basis.

While this is my new member introduction, I am not entirely new to BP.  I have listened to at least 10 BP Podcasts over the last few months and have read numerous articles and an occasional forum post as well.  Thank you very much to Josh Dorkin & Brandon and to everyone who has helped make this site a tremendous resource for someone in my shoes!  I love to learn and BP has been instrumental in furthering my real estate investing education.

Harry