New investor in New Jersey

13 Replies

Hello everyone, my name is Cliff and I am a new investor in the South Jersey area, just outside Philadelphia. I have always been interested in real estate, I bought my first house when I was 20. I'm looking to get out of the corporate world, and focus on building my own wealth. I'm 25 now, working full time in the engineering industry, but have been working like crazy over the past 4-5 months creating my business and packing my brain with as much information as I can. It seems like BP is another great source for learning and networking.

For the first year or two, I'd like to mainly wholesale properties, and fix and flip some here and there. I'd do that more as a hobby really instead of a necessity, I love figuring out problems and getting my hands dirty. I have taken some elite training in Lease Options recently as well, which I feel could be a big part of my business model in this struggling, underwater state of New Jersey moving forward.

I'm looking to build my network in the area and discuss the processes of Real Estate Investing. I'm young, hardworking, and eager to put the time in to get this thing up off the ground. I'd rather die doing something, than live playing it "safe" and doing nothing!

Hi @Cliff James

Welcome to Bigger Pockets! You can definitely find lots of real estate info over here and also network with like minded investors.

I am currently investing in Philly, so if you come across a deal in the city, please keep me in mind. I am a cash buyer looking for single and multi family properties in specific areas, so lets keep in touch and hopefully do some biz in the future!

Have a great day.

Andresa

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Hey @Cliff James Welcome! You've definitely come to the right place to learn more about investing. If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast. They are both great at learning the fundamentals.

Oh - and don't forget to set up your Keyword Alerts!

See you around the site!

@Cliff James

Welcome. Fill in the foundation below.

Check out the Start Here page http://www.biggerpockets.com/starthere

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers.

Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook

You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

Couple good reads

Good Luck

Paul

Welcome to BP @Cliff James ! Thanks for taking the time to introduce yourself. I think a great way to begin using BP is to read the Bigger Pockets Ultimate Beginner's Guide to Real Estate Investing as Josh and Brandon did a great job with it.And now that you're here we'd love to see you be an active member of the BP community so be sure to set up Keywords Alerts for your local area such as "Clementon" or "Cinnaminson" if you're looking to find potential opportunities for investing, education in a subject, or other members in your area. Use the Find Members area to network with other members who are local to you or are in an area you're wanting to invest in. Podcasts come out weekly and are great way to learn on the move. I find there's always a gold nuggets of information in each one and I go back to listen to a number of them multiple times.

If you appreciate a post that a fellow member put up responding to you be sure to say "Thank You!" by casting a vote for it. If you think a response you read is good or answers another member's question well cast a vote for it.It's our own version of liking something on Facebook provided you're familiar with that. Simply click the box in the upper right corner of the post!

If you want to get a member's direct attention in a post you're writing first type an @ and then a ?, (example: @?) and then wait..................... (sometimes longer than you might expect), for their name to appear below where you're writing, then be sure to click on it. IF it doesn't have their name highlighted in a blue background (like yours is above) it didn't work properly and you should try again. This will send them an email or an alert notifying them that you've mentioned them. Those alerts can also be seen if you mouse over the "Inbox" on the upper right menu bar and scroll down.

And lastly I highly recommend becoming a Plus or Pro member of the site and take advantage of all that BP has to offer you. It like getting the keys to the kingdom. It will be one of the best investments you'll make when it comes your real estate investing.

Again welcome to Bigger Pockets!

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Originally posted by @Greg Wake :

@Cliff James

Great luck. I am in South Jersey too. I have two properties in Lindenwold and one in Sicklerville, NJ.

 Greg,

I too am looking in sicklerville NJ. I see many nice deals in his area. How difficult is it to find qualified tenants in this area?

Thank you 

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