All Forum Posts by: Account Closed

Hi BP,

I am newbie investor and started to explore few NJ/PA markets for investment.I am getting lot of guidance and help from fellow BP members. Since i am exploring new markets also getting offers for real-estate agent/wholesaler services. I have started connecting with few people now.

Would like to understand is it common for a REI to work with one agent/wholesaler or multiple?

Eventually i wish to work one agent, but will be talking to multiple agents as i figure out my preferred agent.

Would like to understand what is the common practice and apperciate if you share your experience.

Thanks,

Vijay

Hi BP,

 I am newbie investor and started to explore few NJ/PA markets for investment.I am getting lot of guidance and help from fellow BP members. Since i am exploring new markets also getting offers for real-estate agent/wholesaler services. I have started connecting with few people now.

Would like to understand is it common for a REI to work with one agent/wholesaler or multiple?

Eventually i wish to work one agent, but will be talking to multiple agents as i figure out my preferred agent.

Would like to understand what is the common practice and apperciate if you share your experience.

Thanks,

Vijay

@Percy N.

I am looking to a Property manager/management company manage it for.

Will that open up more options for me to look for markers more than 1 hr drive as well?

@Perry Johnson

Welcome to BP. You are at the best REI networking portal on the internet. Few actions on this website to help you get most out of your subscription.

1) Please setup the key work alerts

https://www.biggerpockets.com/alerts

2) Search and Subscribe to you local BP forum and any other forums that you are interested in based on the real estate strategy that you are looking for.

https://www.biggerpockets.com/forums/categories

3) Network with the fellow BP members from your area or area of interest.

https://www.biggerpockets.com/meet

4) Review Brandon Tuner list of 'The Top 20 Real estate books Every Investor should read' and the list .These books a very good way to keep yourself educated on things that was already documented by the experts. List can be downloaded from https://www.biggerpockets.com/books

If you are absolute beginner in real estate investments like me check out the following as well.

1) Take this awesome 4 Hours 17 minutes free course 'A Beginner's Introduction to Real Estate Investing'

https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing

YouTube playlist link for the same

https://www.youtube.com/playlist?list=PLgSUZKLPRI9ugyNwyUODAxHxVOIlN_CWO

2) Checkout the beginner guide for any other guides.

https://www.biggerpockets.com/real-estate-investing

Thanks,

Vijay

I am a newbie investor living in NJ. I am looking to invest in PA. Any recommendations on which areas to look at?

My preferences are

Purchase first investment property within next 3 months.

I am looking for buy and hold rental investment properties around 200K with 25% down.

Target CoC return - 15%

Neighborhoods class - B,C. Don't prefer D neighborhoods.

Thanks,

Vijay

Hi BP,

 Anyone own units in Wyndmoor at Woodbridge, New Jersey.I see several units available for sale. Wanted to explore investing there and would like to understand the returns.

Thanks,

Vijay

@Chris Masons

Thanks for the input. WIll explore Regency village in North Plainfield.

@Nick Garzini

Welcome to BP. You are at the best REI networking portal on the internet. Few actions on this website to help you get most out of your subscription.

1) Please setup the key work alerts

https://www.biggerpockets.com/alerts

2) Search and Subscribe to you local BP forum and any other forums that you are interested in based on the real estate strategy that you are looking for.

https://www.biggerpockets.com/forums/categories

3) Network with the fellow BP members from your area or area of interest.

https://www.biggerpockets.com/meet

4) Review Brandon Tuner list of 'The Top 20 Real estate books Every Investor should read' and the list .These books a very good way to keep yourself educated on things that was already documented by the experts. List can be downloaded from https://www.biggerpockets.com/books

If you are absolute beginner in real estate investments like me check out the following as well.

1) Take this awesome 4 Hours 17 minutes free course 'A Beginner's Introduction to Real Estate Investing'

https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing

YouTube playlist link for the same

https://www.youtube.com/playlist?list=PLgSUZKLPRI9ugyNwyUODAxHxVOIlN_CWO

2) Checkout the beginner guide for any other guides.

https://www.biggerpockets.com/real-estate-investing

Thanks,

Vijay

@Chris Gerenser

Welcome to BP. You are at the best REI networking portal on the internet.

Smart decision to look for Turnkey properties outside of CA. I am on the same boat as you as i live in a high price NJ market and looking for properties in PA.

Few actions on this website to help you get most out of your subscription.

1) Please setup the key work alerts

https://www.biggerpockets.com/alerts

2) Search and Subscribe to you local BP forum and any other forums that you are interested in based on the real estate strategy that you are looking for.

https://www.biggerpockets.com/forums/categories

3) Network with the fellow BP members from your area or area of interest.

https://www.biggerpockets.com/meet

4) Review Brandon Tuner list of 'The Top 20 Real estate books Every Investor should read' and the list .These books a very good way to keep yourself educated on things that was already documented by the experts. List can be downloaded from https://www.biggerpockets.com/books

If you are absolute beginner in real estate investments like me check out the following as well.

1) Take this awesome 4 Hours 17 minutes free course 'A Beginner's Introduction to Real Estate Investing'

https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing

YouTube playlist link for the same

https://www.youtube.com/playlist?list=PLgSUZKLPRI9ugyNwyUODAxHxVOIlN_CWO

2) Checkout the beginner guide for any other guides.

https://www.biggerpockets.com/real-estate-investing

Thanks,

Vijay

Just an update. I drop the NJ property and decided NOT to buy. Not a very good deal for investment. Having spent lot of hours in BP and few helpful BP members i was able to affirm what i was already thinking about.

'Dont buy a property that is not a good deal'.

I have decided to look properties in Pennsylvania and exploring to zero in on which market to look at now.

In most of the New Jersey neighborhoods the property tax will kill any of the potential cash flow.