All Forum Posts by: Jordan Santiago

@Jordan Santiago Newark and Jersey City are extremely hot areas right now. You can get great returns if you find the right deals. It would also be a good idea to look at these cities because they are not too far from your home; which is the rule of thumb for first time investors. But make sure to do your homework! Newark and JC can be tricky if you don't know your way around. 

@Jordan Santiago

Those are great goals, and they are certainly achievable, but in my opinion they are too broad and generic. You need very specific goals, with timelines, and specific ideas about how you plan to achieve them. 

Think of it like you're going on a road trip. Basically, right now you have the final destination, but you have no map of exactly how you are going to get there. You need to lay out that road map.

The best way to do this is to take these big lofty goals and start breaking them down into smaller pieces. Write them down. So you want to own 60 units by the time you're 30......ok, so what are the 2 things you need to do this month that will get you on the path toward getting your first property?

I saw you mentioned in a different post you're concerned about finding financing. So, start making some inquiries to banks and see what they will lend you. Make it your short term goal to get that detail figured out this month. Once you get that bit figured out, move on to the next detail that needs figured out and give yourself a specific date of when you're going to have it done.

There is only one way to climb a mountain, one step at a time. All those little steps add up to a great achievement.

Good luck to you!