Starting out in New Jersey

[Jake Recz]

Hello everybody! I just joined not too long ago. I did some reading and I gotta say that this place is very addictive! There is so much great information being shared here that once you start reading it's tough to stop! I'm from Central NJ. I've been thinking about real estate for a while now but I had no idea where to start so I started with reading about it. Reading about it a whole lot. Ever since I was a little kid I always wanted to do something different than those around me. A 9 to 5 is not my thing. I like to fix things, build things, and solve problems! Something about buying a two family house and living rent free in one of the units excites me very much. So many people I know hang on to their jobs and pray they don't get layed off just so they can keep paying that 30 year mortgage on a single family house that is eating them alive. All while they call their home an investment... I learned one very important thing from the book "Rich Dad, Poor Dad" and that was that an investment makes money for you. I don't plan on buying a single family home until I can afford that luxury. I'm 24 years old and I think it's the right time to start. I'm looking forward to learning from all of you and starting on the path to success and stability offered by real estate. I already have my eyes set on a two family house in my local area. The house needs work and if all goes well it might be where I'm gonna start my adventure with real estate. I'm sure I'll be posting some questions about it on the forums, although I have to say that utilizing the search function already helped me a lot!

[David Semer]

@Jack Recz

Best of luck starting out. Sounds like you already got the right mindset. I would also check out some of the local REI in your area. This is were you are able to meet local investors who you maybe able to ask for referrals or even get off market properties.

Happy Investing.