Looking to buy multi family in Central New Jersey

Member since 2021 · 6 posts · 1 vote

Good morning,

I am currently looking to buy a multi family home in middlesex county someset county. Looking for any advice or tips. Also thinking of buying in New Brunswick for student rentals. Anyone with experience with property mgmt in that area?

Thank you

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Peter TverdovBusiness Member
Developer · New Brunswick, NJ · Member since 2015 · 1k+ posts · 2k+ votes
5y
Sent you a DM
[email protected]732-289-3823
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Jonathan GreeneBusiness Member
Real Estate Consultant · Madison, NJ · Member since 2016 · 6k+ posts · 7k+ votes
5y
@Account Closed has multiple properties in New Brunswick and can assist.
[email protected]Podcast Guest on Show BiggerPockets Daily 667: 5 Amazing Benefits Multifamily Investments Offer (That Single Family Homes Don’t) by Gino Barbaro
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Joseph Guzzardi Jr
Rental Property Investor · Member since 2019 · 411 posts · 148 votes
5y
Hey Miles! My one piece of advice for new investors would be to have a long term goal. You figure out what that is and you are golden. Feel free to DM me for any other assistance.
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Shawn McenteerBusiness Member
Realtor · Boonton Township, NJ · Member since 2013 · 2k+ posts · 1k+ votes
5y
Hi @Miles Scott glad to hear it. MFR investing in NJ is a great way to go. There is a lot to discuss, anything specific you would like to talk about?
973-975-3895
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Yonia B.
Realtor · Monmouth County · Member since 2020 · 95 posts · 37 votes
5y
@Miles Scott I lived in New Brunswick, NJ for first 30 years of my life. I know the area so well and I can tell you it is sooo overly priced. The student housing around the Easton Ave, Louis Street, or all streets surrounding St. Peters and RWJ Hospitals are extremely expensive that is hard to get cash flow positive. I hope you are looking to buy off market, foreclosed or direct seller properties to get good deals. Good luck with your search.
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Miles Scott
OP
Member since 2021 · 6 posts · 1 vote
5y
@Jonathan Greene thank you
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Miles Scott
OP
Member since 2021 · 6 posts · 1 vote
5y
@Sarah B. Thank you!
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Miles Scott
OP
Member since 2021 · 6 posts · 1 vote
5y
@Joseph Guzzardi Jr thank you
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