New to BP, New Jersey and Investing

New to BP, New Jersey and Investing

Harrison , NJ · Member since 2015 · 33 posts · 23 votes

Hi All-

I am reading, talking and networking. Just moved to New Jersey and am looking for deals and mentorship on wholesaling. Will be launching an LLC and attending local REIA events. I am happy to partner, collaborate, learn and share any information with a network.

Thank you & looking forward to connecting!

Paige 

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  • Real Estate Broker · Northern, NJ · Member since 2014 · 97 posts · 15 votes
    11y

    Welcome Paige to BP. Many other New Jerseyan are on the site. Reading and networking is a great way to connect. Setup your key word alerts on the site and get involved with local REIA can be a great first start. Connecting with a good investor-friendly broker is also the way to find good properties.

    Happy investing......

  • Residential Real Estate Broker · East Orange, NJ · Member since 2014 · 297 posts · 26 votes
    11y

    Welcome Paige I'm in Essex county NJ. If I can help you in any way please let me know.

  • Real Estate Investor · Lansdowne, PA · Member since 2013 · 1k+ posts · 656 votes
    11y

    Hi Paige,

    Great to have you here with us on BP. You must really explore this website fully in order to benefit from all that it has to offer you. Happy learning and investing.

    Kudos,

    Mary

  • Flipper/Rehabber · Atlantic County, NJ · Member since 2012 · 514 posts · 209 votes
    11y

    Welcome to NJ!

  • Harrison , NJ · Member since 2015 · 33 posts · 23 votes
    11y
    Originally posted by @Denise Stanford:

    Welcome Paige to BP. Many other New Jerseyan are on the site. Reading and networking is a great way to connect. Setup your key word alerts on the site and get involved with local REIA can be a great first start. Connecting with a good investor-friendly broker is also the way to find good properties.

    Happy investing......

     Hi Denise- thank you for the warm welcome and I am excited to network with others in the area- as that will be the best resource for local nuances and "how to" questions to ask and such. I will work on the networking in person to better build relationships and find out how I can be mutually beneficial in a partnership. Thanks! 

  • Harrison , NJ · Member since 2015 · 33 posts · 23 votes
    11y
    Originally posted by @Gilbert Ross Jr:

    Welcome Paige I'm in Essex county NJ. If I can help you in any way please let me know.

     Hi Gilbert-

    Thank you for the welcome and extension for advice. I appreciate the support and will definitely tap into your insight as everything becomes more cohesive with a solid direction- 

    Happy Labor Day!

    PC

  • Westchester County, NY · Member since 2015 · 22 posts · 3 votes
    11y
    Hi Paige: Welcome! I'm new too! I still have to fix up my profile! I'm planning to buy and hold as well as flip in North Jersey. What part of Jersey are you in? We should connect. I'm trying to acquire property and would love to work with a wholesaler. Though I need to finance with 203k loan. I would pay finding fee if it cannot happen the traditional wholesaling way. Happy Labor Day!!
  • Real Estate Agent · Hackensack, NJ · Member since 2014 · 321 posts · 412 votes
    11y
    Originally posted by @Shannon Garces:
    Hi Paige:

    Welcome! I'm new too! I still have to fix up my profile! I'm planning to buy and hold as well as flip in North Jersey. What part of Jersey are you in? We should connect. I'm trying to acquire property and would love to work with a wholesaler. Though I need to finance with 203k loan. I would pay finding fee if it cannot happen the traditional wholesaling way.

    Happy Labor Day!!

     Hi Shannon, just keep in mind with a 203k loan, you have to occupy the property. Might work with a small multi-family with you living in one of the units.

  • Westchester County, NY · Member since 2015 · 22 posts · 3 votes
    11y
    Originally posted by @Kevin Hill:
    Originally posted by @Shannon Garces:
    Hi Paige:

    Welcome! I'm new too! I still have to fix up my profile! I'm planning to buy and hold as well as flip in North Jersey. What part of Jersey are you in? We should connect. I'm trying to acquire property and would love to work with a wholesaler. Though I need to finance with 203k loan. I would pay finding fee if it cannot happen the traditional wholesaling way.

    Happy Labor Day!!

     Hi Shannon, just keep in mind with a 203k loan, you have to occupy the property. Might work with a small multi-family with you living in one of the units.

     Hi Kevin!  Thanks a lot!  Yes I plan on occupying while renovating. Possibly holding for cash flow instead of flipping. Will decide after renovations. 

    Maybe you can answer this question: I'm finding that properties that are listed are under contract the next day. Do people put in offers on these properties prior to seeing them? How do they estimate Reno costs and ARV so quickly?

  • Attorney · Clifton, NJ · Member since 2015 · 1k+ posts · 328 votes
    11y

    Welcome to BP @Paige Clarke! What areas of NJ are you looking to wholesale in? Please don't hesitate to reach out if there is anything I can help with.

  • Harrison , NJ · Member since 2015 · 33 posts · 23 votes
    11y
    Originally posted by @Dan Barli:

    Welcome to BP @Paige Clarke! What areas of NJ are you looking to wholesale in? Please don't hesitate to reach out if there is anything I can help with.

     Hi Dan! Thank you for the note. We recently moved to the North Jersey area (Hudson County), so more than likely I'll stay within 50 sq.miles of that area to start off with. Thank you for reaching out and I'll send a colleague request. Best, PC

  • Specialist · Parsippany NJ · Member since 2010 · 128 posts · 47 votes
    11y

    Hey @Paige Clarke, welcome to Bigger Pockets and NJ! Have you made it out to explore the areas outside of the Hudson County area yet? If not, you'll find  tremendous differences within the 50 miles you mentioned. Sussex County has horse farms and ski resorts about an hour away from you, and several areas in Morris and Bergen Counties offer the lifestyle of the suburbs with public transit to NYC. Please keep me in the loop once you start wholesaling, and feel free to reach out if there's anything I can help out with in the meantime. 

  • Rental Property Investor · Los Angeles, CA · Member since 2010 · 804 posts · 230 votes
    11y

    Welcome to BP.

  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    11y

    @Paige Clarke

    BP is full of useful resources such as forums and blogs. Welcome to the Bigger Pockets community-be sure to check out all the awesome BP blogs under “Learn.”

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