Skip to content
Welcome! Are you part of the community? Sign up now.
x

Posted about 9 years ago

North Jersey Investment Properties

Now is a great time to buy investment properties in Northern New Jersey. Despite what you hear in the national and local media about real estate, in Northern New Jersey, it is heating up! 

Some people are dreadful of what could be another real estate crash in the very near future so now is the time to buy and hold. New Jersey is one of the few states left that still has a large shadow inventory lurking over the heads of thousands of homeowners. The judicial process has become such a long and drawn out process that certain people have been living in their homes for over 5 years not paying the mortgage. The good thing now is that they are moving much faster through the process but I believe that we are still looking at another 5-6 years of this same economy.

Times are scary, there's no doubt. Times are always scary when you lift your head out of the idiot box and look around but, if we can stop hyper-ventilating and analyze the historical picture, one thing becomes crystal clear - bad times always end. Why not take advantage of that fact?


J. Paul Getty famously said, "Buy when everybody's selling; sell when everybody's buying." This is just another way to say buy low and sell high. Everybody knows it. Few actually do it. Fear stands in the way like Darth Vader, ready to remove your head with a flick of his light saber wielding hand.

Buy "low", Mr. Getty said. By all definitions, we are living in "low". You should give serious thought to buying right now. Once this train leaves the station it likely won't be back again soon, maybe not in our lifetime.

Damon Redmond created his investor network to help you find the right property when you're ready. Stop struggling with stocks and make the decision to begin the wealth building phase of your life immediately. With our extensive expertise and innovative strategies you could be closing your first deal with much less money down than you expected.


Comments