All Forum Posts by: Joseph Gordon
Joseph Gordon has started 2 posts and replied 12 times.
Post: Home inspector for Newark NJ

- Rental Property Investor
- Posts 14
- Votes 4
I also need one with the same ask.
Post: How much is too much for your first purchase?

- Rental Property Investor
- Posts 14
- Votes 4
Hey @Nyle Emerson
I am in a similar boat as you. I recently moved to Newark (still paying rent, but cheaper than Brooklyn) to find a place here or in East Orange. Analysis Paralysis is REAL especially in real estate (especially if you like/ work with data and figures). I think to overcome that is to start jumping in. Getting a realtor, seeing houses, going to open houses, and networking. You can still analyze the deals, but you will also start to learn about your own preferences (For example, after a few months of searching, I know a backyard and driveway are important for me. Didn't realize that before). Although I am "technically" in the same spot I was a few months ago, I can say I have networked with more folks, raises for capital/ cleaned up my credit score, and narrowed down my preferences and strategies.
In terms of the downpayment programs, I think they are amazing, but I realized a lot of them restricted me (due to my income level) than helped. There are a few restrictions (from how long you MUST live there to where you can buy) that I didn't like, and with the rates how they are, I probably won't use them. I would just do the math with and without them. Free money is great money, but it may not align with your goal/ strategy.
Post: Investing for beginners

- Rental Property Investor
- Posts 14
- Votes 4
Definitely noticing that. For me, I am noticing when it comes to Newark (and the surrounding areas) that resarch and homework is key, but also going there and seeing it. Things are very different block by block (similar to any major urban city I would say) so seeing the nieghborhood (even if viewing it on Google Maps) is key for me.
Originally posted by @Anthony Marin:
@Leonel Vanegas @Joseph Gordon
I've been investing in Newark, NJ for the past 7 years. The market has increased a lot since then but I think it still has a long way to go. Newark is receiving a tail wind right now due to investors leaving NY. Depending on what type on investing you plan on doing you should really do your homework on the different areas. We focus our investments in the East (Ironbound section), North and Central parts of the city. Prices are higher but the tenant profiles and access to major transit hubs are in those areas. Hope that helps
Post: Investing for beginners

- Rental Property Investor
- Posts 14
- Votes 4
Would love to hear more about this. I am currently looking in Newark, but the market is moving fast. There is cash flow. Also looking into Philly and Paterson.
I moved into the area the last 2 months and been looking also. Definitely down to network as well @Tasia Burroughs
Originally posted by @Tasia Burroughs:
@Angelique Diaz
Hi Angelique! I’m looking to network in Newark and eventually invest. I’m just getting started in the BP community. I would love to connect.
Post: Meet Up In Newark/ East Orange/ Irvington?

- Rental Property Investor
- Posts 14
- Votes 4
Welcome to my hometown Newark!
I'll also be joining and listening in to see what the major has to say I myself am looking to invest but I'm having issues find a realtor to work with and the one's I've dealt with haven't been so good, as for a meetup I don't see they take place much after Covid everything been online.
What are you goals? and where are you interested investing?
Thank you for the warm Welcome! I am currently work with two really reliable and patient realtors. I can give you their contact if you DM me. My goal is to get this Multifamily to house hack and then from there... either a FLIP or a BRRRR. I am looking at Newark/ East Orange/ Irvington. What about you?
Post: Meet Up In Newark/ East Orange/ Irvington?

- Rental Property Investor
- Posts 14
- Votes 4
Hey Everyone! I am new to Newark (originally from NYC) and have been getting used to the area. I am a first-time investor (offer is currently being looked at, but the market is hot!), but would love to meet up, learn, strategize about next moves, and just create that local community. Although I am merely trying to invest, I do want to actively give back to this community as well since I have been thinking a lot about Generation Wealth. I see that the Mayor is having a virtual townhall this week about city-owned property this Thursday (Auction is the 27th).
Post: Any body in Newark NJ wants to start Meet Up?

- Rental Property Investor
- Posts 14
- Votes 4
Hi Does this still happen or moved virtually?
Post: Hey BiggerPockets Family! Noob from NYC Here!

- Rental Property Investor
- Posts 14
- Votes 4
@Sean Toomey
Thanks! Your point on our options in Ny and with taxes are exactly what I am seeing. I will definitely be looking out of state and would love to connect!
Post: Hey BiggerPockets Family! Noob from NYC Here!

- Rental Property Investor
- Posts 14
- Votes 4
@Craig Curelop Thank you! I’m excited to learn something new! Will check all these out!!