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All Forum Posts by: Matt Monaghan

Matt Monaghan has started 1 posts and replied 6 times.

Very smart, thanks for putting that work in and sharing it

Watch demographics, follow investments into the given town/city. Biggest thing I remember is Hoboken started to overflow with college students who couldn’t afford NYC rents...and now it’s almost like a post college town next to NYC lined with bars and began the push of people fleeing NYC rental prices for the savings they can find in NJ while still having an easy commute.

Another thing in the NYC metro area to look for is if a given train line that does NOT have a NY direct line the property values will explode

Thanks a lot Belva, appreciate the meetups groups

An area that might interest you but isn’t too far from your target area would be the area around Seton Hall University. Don’t know exactly what the market looks like in terms of what’s available but have a few friends who live and have lived there. Could be a nice play considering the student body has potential renters and Airbnb use considering the out of state visitors while also being relatively close to multiple (Mountain station and south orange) train stations with the NY direct lines

I would be very careful in Newark, the only section I might look at is Ironbound...much of it is a borderline war zone or full blown war zone and very high crime

Hi everyone. I’m Matt and new to bigger pockets, just here to start learning from the other members here before I get started into real estate

I’m in the Phoenix area and could help with something like checking out a prospective property (out of staters) but do not have any connections yet to assist further. More than happy to help if I can be of assistance