In today's soup lines, people are wearing new Nike Air Jordans, wearing new (but torn) Levi's, talking on their iPhones and listening to their MP3 players using Bose Headphones.If America can keep innovating and we can improve our work ethic, nothing can stop us.

I have been offered an opportunity to invest in a duplex in a good area in Jersey City with someone who knows what he's doing.

@Jordan Higley Welcome to Biggerpockets!

There is a strong new jersey contingent on BP that may be able to help you.That said, where I am, the county assessor goes by appraised value and not the purchase price.

@Joey Budka Jordan Thibodeau Thank you all for replying! 

:)@Will Barnard Jordan Thibodeau Thank you both for your encouragement and advice. 

Originally posted by @Jordan T.:20 to 25% cap rate?

The right hand column is percentage growth over that timeframe.1Cedar Park city, Texas18.42South Jordan city, Utah17.73Frisco city, Texas16.84McKinney city, Texas13.45Irvine city, California11.76Goodyear city, Arizona11.77Cary town, North Carolina11.78Midland city, Texas11.59Buckeye town, Arizona11.410Pearland city, Texas11.311Meridian city, Idaho11.312Odessa city, Texas10.913Pasco city, Washington10.714Mount Pleasant town, South Carolina10.415Gilbert town, Arizona10.316New Orleans city, Louisiana10.117Franklin city, Tennessee10.018Conroe city, Texas9.919Round Rock city, Texas9.820Auburn city, Alabama9.721Gaithersburg city, Maryland9.722Fort Myers city, Florida9.623New Braunfels city, Texas9.624Bismarck city, North Dakota9.425Kissimmee city, Florida9.426Austin city, Texas9.227Allen city, Texas9.228Fishers town, Indiana9.029League City city, Texas8.930Lake Elsinore city, California8.831Carmel city, Indiana8.532Noblesville city, Indiana8.433Edinburg city, Texas8.434Alpharetta city, Georgia8.335Conway city, Arkansas8.336Denver city, Colorado8.237West Des Moines city, Iowa8.038Mansfield city, Texas8.039Johns Creek city, Georgia7.940Denton city, Texas7.841Casper city, Wyoming7.842Charlotte city, North Carolina7.843Fargo city, North Dakota7.744Menifee city, California7.645Bossier City city, Louisiana7.646Durham city, North Carolina7.547Cape Coral city, Florida7.548Washington city, District of Columbia7.449Rogers city, Arkansas7.450Manhattan city, Kansas7.4

Hi EveryoneI'm from NJ and I own/manage a 2-family residential in Linden, NJ.  I live "down the shore" in Point Pleasant with my wonderful family - wife and daughter.  My wife and I have been landlords since 2009 when...

Jordan,Nice to meet a fellow real estate investor/future broker from the bay area.