New Member Intro - Hudson County New Jersey

[Justin Traina]

Hi Everyone - I have been investing in real estate for about 10 years now - I live in Jersey City, NJ and invest throughout Hudson & Monmouth Counties in NJ. In addition to buying and selling the homes that I've lived in, I own several multi-family investment properties and a few vacant plots of land that I plan to build on in the coming years. The properties that I've bought and sold have ranged from new construction to units that need extensive renovations. I also recently got my real estate license - not 100% sure what I am going to do with that yet ;).

My goal is to start generating monthly cash flow through real estate. Ideally, I would like to purchase undervalued properties (preferably multi-families) that once renovated I can either sell or refinance to get my money out. I'm ultimately looking for a way to supplement and eventually take over my salary from my "day-job."

I've been a "passive" member of BP for a while now. I'm looking for advice from people who have done what I'm looking to do - use real estate to generate monthly income. I'm also looking to network with people. Again, I live in Jersey City, NJ and invest throughout Hudson & Monmouth Counties in NJ. 

I look forward to working with you. Thank you. 

[Odie Ayaga]

Welcome @Justin Traina! Since you mentioned that you're interested in using real estate to generate monthly income I thought I'd just throw out there that you can do so in note investing as well. If you're not married to the idea of rentals or are interested in multiple income streams it may be of interest to you. A good primer on the topic if you're unfamiliar would be Podcast 28 with @Dave Van Horn and Podcast 211 with the Note Professor @Bob Malecki