23 Year old New Jersian getting into real estate (soon!)

[Mike Zipf]

Hey Everyone,

I have been wanting to get into real estate for years now. Not having any money to do so I've been waiting patiently to get into the market. Now that I am saving a decent amount of money per month I'm setting a goal for myself to purchase my first multi-family (2-6 unit) by 2016. 

A bit of background, I went to college in Newark, NJ for Computer Science and currently working as a Software Engineer. After being in Newark for 4 1/2 years I can see the potential in real estate there, as well as some of the surrounding suburbs (Orange's, Belleville, Union Township, Hillside, etc). I plan on starting out with a multi-family that I can put in some sweat equity and get market rate tenants. My goal by the end of 2016 is to have 10+ units. So I will be working hard this year to get to my goals, researching areas and looking for deals.

Thanks for checking out my post.