Multi Family Investor From Monmouth County NJ

Investor · Asbury Park, NJ · Member since 2016 · 17 posts · 5 votes

Hi I've been following BP for some time now and decided its finally time to jump aboard! I'm a somewhat seasoned investor from NJ who has purchased close to 200 units in the past 5 years. I'm looking for new product and ideas in real estate investing. Thanks!

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Michael S.Pro Member

Biggerpockets Support · Las Pinas, Metro Manila · Member since 2015 · 7k+ posts · 1k+ votes

10y

Welcome to Biggerpockets Sam. Great to have you in the community

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Michael S.Pro Member
Biggerpockets Support · Las Pinas, Metro Manila · Member since 2015 · 7k+ posts · 1k+ votes
10y
Welcome to Biggerpockets Sam. Great to have you in the community
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Sam N.
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Investor · Asbury Park, NJ · Member since 2016 · 17 posts · 5 votes
10y
Thanks!
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James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
10y
Welcome to the site @Sam N.
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Sam N.
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Investor · Asbury Park, NJ · Member since 2016 · 17 posts · 5 votes
10y
Hi James looks like your in the same line of work as me. What sector of commercial are you involved with?
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Wayne Ulias
Real Estate Agent · Holmdel, NJ · Member since 2015 · 14 posts · 2 votes
10y
Welcome Sam! I'm jumping (back) in too to BP. I signed up many many months ago but decided to obtain a real estate license in NJ since first signing on and have been an active Realtor since. Originally my plan was to dig right into investments with no prior experience. However, I thought twice and decided that by obtaining a license and working in the industry would make me a much better investor in the future. With that said I'm happy to trade ideas and info with you regarding investment properties in Monmouth County, NJ. The Jersey Shore is really starting to pop again since Hurricane Sandy. The shore is now largely restored and demand is expected to increase. Again, Welcome to the community and enjoy the content. There is a ton of it here.
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Mark Gee
Rental Property Investor · Red Bank, NJ · Member since 2015 · 81 posts · 18 votes
10y
Welcome @Sam N.
I love Monmouth County and invest here. What exactly are you looking to do? I imagine you've seen some really interesting deals put together as a commercial real estate broker.
200 units in 5 years? That's very impressive.
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Sam N.
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Investor · Asbury Park, NJ · Member since 2016 · 17 posts · 5 votes
10y
Hi Mark,
We look for large apt complexes that can benefit from our hands on management approach. Our philosophy is if we are spending all that time arranging a closing it might as well be a large transaction! What's your approach?
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Mark Moore
Investor · Howell, NJ · Member since 2016 · 16 posts · 0 votes
10y
Looking for Realtors in Southern Monmouth and Northern Ocean Counties in NJ. Single Family primarily. Wanting to better understand pricing and best products / highest best uses and hoping to find a Realtor willing to poor over numbers and help educate me. I'm just starting out, though I have a 30 year career in managing due diligence, site and building design, planning and building permitting, and construction for mostly commercial and some multifamily. My plan is to start with some rehabs/flips while I keep my job. Also interested in single building lots in older neighborhoods, lot splits and eventual new divisions around 20 or fewer lots, plus mixed use higher density. For right now though, I just want to know what is best to build in certain neighbors, expected days on market and of course likely sales prices. Any Realtors interested? Any recommendations?
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