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Mike Kostner
  • Bloomfield, NJ
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23
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Newbie/Essex County, NJ

Mike Kostner
  • Bloomfield, NJ
Posted Aug 28 2016, 16:10

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

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