Real estate investing NJ or out of state ?
Could use some advice please about to make a decesion.
Im currently stuck in the analzying paralyzing phase. I have 61k for house hack investment. Currently i max out my 401k, roth ira and brokerage account. I am ready after reading countless books on real estate. I live in North Jersey where taxes are so high and inventory while increasing a bit lately is still low. Im looking for a 3 unit as everyone is but would it be better to invest out of state PA for example where i can cash flow or stay in state and try to cash flow by buying in a tuff part of the state. Goal is cash flow and rent free. I feel like once i get over this bump ill be fearless and invest more funds, i have facts just self doubt i guess. Does anyone have any pointers ?