Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

24
Posts
33
Votes
Mike Kostner
  • Bloomfield, NJ
33
Votes |
24
Posts

Newbie/Essex County, NJ

Mike Kostner
  • Bloomfield, NJ
Posted

So, I'm not exactly new to this forum (been around for about 6 months), but since I just purchased my first investment property, I thought it may be time to introduce myself.

The property is a two family in Bloomfield, NJ. I will be house hacking for at least a year, when I plan to start the process over with another 2/3 family. According to my calculations, the property should cash flow about $800 per month when fully rented. The house was bank owned, and needs some work, but nothing too  major. 

Anyway, thank you Biggerpockets community, with out the help I've received here (while just being a lurker), I doubt I would be where I am now. 

Mike

  • Mike Kostner
  • Most Popular Reply

    User Stats

    54
    Posts
    7
    Votes
    Kasan Kelley
    • Specialist
    • Brooklyn, NY
    7
    Votes |
    54
    Posts
    Kasan Kelley
    • Specialist
    • Brooklyn, NY
    Replied

    congrats mike! I'm finding the things I'm learning are helpful beyond measure as well. I wish for nothing but the best to you. Asé

    Loading replies...