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All Forum Posts by: Joseph Romero

Joseph Romero has started 2 posts and replied 5 times.

Post: Nj RE taxes eating into profit!!!

Joseph RomeroPosted
  • Jackson, NJ
  • Posts 5
  • Votes 3
Thank you everyone!!!

Post: Nj RE taxes eating into profit!!!

Joseph RomeroPosted
  • Jackson, NJ
  • Posts 5
  • Votes 3
Doug Minton btw I work in East Orange and looked at the RE taxes there and the surrounding areas and holy cow! We're talking like a mortgage payment just for The RE taxes! It's absolutely insane.

Post: Nj RE taxes eating into profit!!!

Joseph RomeroPosted
  • Jackson, NJ
  • Posts 5
  • Votes 3
Doug Minton that was the exact area I was looking to invest. I've been analyzing properties from Essex county NJ to Buffalo NY. Mike D. In Essex county NJ you could see half your monthly rent roll go to taxes and that's before any other costs associated with the property.

Post: Nj RE taxes eating into profit!!!

Joseph RomeroPosted
  • Jackson, NJ
  • Posts 5
  • Votes 3
In looking for properties in NJ, I can't see why anyone would invest in some towns in NJ. My question is would you invest near where you live but have higher RE taxes OR invest in properties farther away but less RE taxes?

Post: New guy from Jersey!

Joseph RomeroPosted
  • Jackson, NJ
  • Posts 5
  • Votes 3
Hi everyone! I'm Joe from Jersey. I've been interested in REI for a long time but only recently became a landlord. Not planned. I'm in construction and maintenance. I'm interested in but and hold. That's pretty much it. Thanks