I’m going to lay out all the numbers here and hopefully some people will chime in with their thoughts. 1 bed/ 1 bath condo in north New Jersey (~10 min bus ride to midtown Manhattan)May 2016 Purchase price: $270kDown payment: $54k (plus 10k in closing costs)Current market value (best estimate): $325kMortgage remaining today: $205kCash flow per month as rental: $300The way I am looking at this is I am deriving my “net equity” (net of selling closing costs) to be:$325k x 94% = ~305k, less 205k (mortgage remaining) = $100k net equity.Therefore, my RoE on an annual basis is $300 monthly cash flow x 12 = $3,600 divided by my net equity of $100k = 3.6%On one hand, it seems like I could use that $100k elsewhere and likely beat 3.6%.

I am 24 years old currently making 35k a year living in New Jersey.

Also the margin may be thin but if any local South Jersey Wholesalers would be interested in partnering I would do all the work in exchange for some guidance.The deal:Guy owes 60,000 on a twin that is in good rental condition and could rent for between 1100-1300.

I'm aware north New Jersey is super competitive at the moment. 

This is what lead me to look in to New Jersey.

This is once again for all of the new members that join this site specifically in the New Jersey and Pennsylvania areas.  95% of the people on this forum are here to help but triple check everything. 

This nontraditional house-hack inspired me to learn more about investing and that led me to BP.I’m looking to invest in the south jersey or Philadelphia area.I’m currently in Austin, Texas for the next few months.

Hello, I live in Bergen County, New Jersey and I would like to purchase my first owner occupied property.

Most of the HOA in our area (Jersey shore) have some type of restriction to limit rentals. 

There is some other entertainment value to the story value...season tickets went up thousands, jerseys doubled...it has got to be more than just basic t-shirts, hotels rooms, airbnb double?