Planning in advance for a 1031 exchange is crucial.

Screening all applicants is crucial, especially if you're going to be living with them. 

I'll say doing your research on landlord-tenant laws is crucial, consider property management if you're not into self managing your property, secure financing, crunch the numbers and prioritize location and property condition when searching.

Market timing: Keeping an eye on the state of the market is crucial, even if there is never a perfect moment to buy.

It's crucial at the beginning to identify your financial goals as well as the amount of risk you are willing to undertake then come up with a plan that is in line with them.

And are there any common pitfalls or crucial advice you wish someone had shared with you at the beginning of your investment career?

What are good areas to look into; in the near future considering places like Newark, orange and east orange.

It's crucial that we continuously educate ourselves to ensure we're conducting business legally, ethically, and in a manner that's truly trustworthy and beneficial for all involved.

Regulations may vary depending on the neighborhood, so research is crucial.

It turns out my friend had told me about his uncle who owned several properties across Orange County.