Purchased first owner occupied property in Jersey City (Journal Square) now ready to rent.

Just the other day i over heard some news from CNN,Forbes,Wall street Journal,and one of my favorite real estate gurus Preston Ely, witch stated that numerous large corporations and ceo's have set aside billions of dolors to plan on buying up millions of foreclosed properties in very large bulk in one swoop across the US with in the next 12-24 months.

I have started a journal and committed to capturing my activities and evaluating if they are taking me closer to my goal or distracting me from them.  

Make sure you educate yourself as much as you can...books, journals, articles, seminars, webminars.... :)

Millionaire Real Estate Investor by Gary Keller is  a good book followed by The Wall Street Journal, Complete guide of RE.

Most likely it is referring to "New York Prime Rate".It just means the Wall Street Journal Prime Rate.  

Hey all BP in Dallas, Dallas Business Journal just published a great article about Dallas area apartment rents.Here's the link:Flipboard Users - https://flipboard.com/@ndpaez/affordable-housing-a...Others - http://www.bizjournals.com/dallas/news/2015/07/01/dfw-apartment-boom-hits-region-with-all-time.html?

Also I suggest you read the real estate sections of the New York Times and The Wall Street Journal.

I've got a little black leather journal I carry around with me that has some of my favorite quotes, Real Estate formulas, tips, etc.

Being 15-20 min to the JSQ PATH is still pretty desirable, and there are a lot of spots that aren't techincally in Journal Square that are still 15-20 min walking distance to the train.People are starting to look into the area, and tenants are starting to overlook some of the things that used to be a huge concern.