Has anyone bought (within the last year or so) a multi family ( triplex - quad) property in the Camden, Burlington, Gloucester counties of southern NJ?  

I know for a fact it will not work here in southern CA simply because if you assume 50% OE and go after $100 per door in minimum cash flow, you would never get a deal because nobody (not even the banks) sell properties for prices at 40% of market value.

“It is about getting Norfolk Southern to do this on their tracks.

I have been contracting for the past 6 years all over southern New York CT and NJ, and my family has also done so for the past 30 years.

Lara - Since you are located in southern California, I would look up the Norris group for really good analysis on markets.

After the market evaporated in the area we lived in, we relocated to southern California where there is a much more opportunity, and to be close to family.

I'm down in southern Illinois

I would like to ask the advice of my fellow BiggerPockets members in the South Jersey area.What markets do you think are the best for rental properties?  I currently live 10 miles outside of Philadelphia, and I'm will...

It's not Southern California.Almost sorry (not really though) to be so blunt but guys like myself (and I'm going to stretch this and include Mike because I suspect he feels the same) are sick of 80% of the bullsh*% being sold in real estate investing circles and have found the 20% of information that truly makes us money.

Targeting South LA and surrounding communities as far south as Long Beach for first 2-4 unit BRRRR deal.I fully understand that many experienced investors will say they simply don't buy multi-family deals in Southern California and instead look toward Phoenix, Las Vegas and Texas (at least for markets in the southwest.)