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The 25 Best Sunbelt Markets for Cash Flow—And a Closer Look at the Top 4
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Partnering Is a Great Way to Invest—As Long as You’ve Worked Out These 13 Details
In the last 16+ years, I’ve worked with many investors. Occasionally, I am asked about two or more people pooling their resources to buy properties. This can work, but there is a potential pitfall: […]
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Starting Out
HomeForumsStarting OutGood markets for first time investors?
Andrew McElroy's profile image
Andrew McElroy's profile image
Andrew McElroy
  • New to Real Estate
  • from Bergen County, NJ
  • Member since Oct 29, 2020
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Andrew McElroy's profile image
Andrew McElroy's profile image
Andrew McElroy
  • New to Real Estate
  • from Bergen County, NJ
  • Member since Oct 29, 2020
Connect
Andrew McElroy
  • New to Real Estate
  • Bergen County, NJ
37
Votes |
33
Posts
Starting Out

Good markets for first time investors?

Andrew McElroy
  • New to Real Estate
  • Bergen County, NJ
Posted Jan 14 2021, 17:37

Hi BP Community,

I am in the process of researching markets to purchase my first rental property and I thought I would ask if anyone had any suggestions, recommendations or tips.  I currently reside in Northern NJ, right outside of NYC, so I feel that my best course of action is to look into my opportunities out of state.  What are some good markets for a first time rental property investor?   

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