New to BP in West Orange, Essex County, NJ

15 Replies

Hi everyone - hope this message finds you well.

I am brand new to BP and am actively looking for the first deal. We are primarily looking for SFH rehabs in the West Orange / Maplewood / South Orange area in Essex County northern New Jersey. My wife and I both work in marketing / brand management for large organizations, but there is a part of us that still thinks like engineers. We are excited to put the 'scientific method' into action and are eager to learn and navigate a new business. My wife's last day at work is this Friday the 13th (fitting), so our newly formed LLC will have its captain and we will be accelerating our research and outreach to find some deals. We'd love to meet new folks in the area and would be open to partnering on deals to continue the learning curve, particularly in the small multi-family rental space (easy access to PATH/mass transit).

Looking forward to sharing our experiences and connecting with you.

Best,

Nick Senter

@Nick Senter Congrats to you and your wife on the decision to start this RE journey together as a team! I recommend you start going to local REI clubs. You can find ton of them here on BP under Events or on Meetup site once you register. Feel free to PM me for specific recommendations.

Thanks a lot Alina. We are going to be traveling and off-the-grid for a couple of weeks, but we definitely plan on attending events in northern NJ beginning in August. We are going to check out a live auction to try to learn the ropes before we explore that avenue for deals.

@Nick Senter Welcome to BP!

If you haven’t already listened to the podcasts I’d start there.

Podcasts

Episode 108 - Grant Cardone... Just listen…

Episode 283 Paul Thompson - Quite a new episode but I would think everyone would agree this is a top episode. Mainly, the systems implemented are fascinating (VA, automated offers, etc.) Plus...escape velocity...

Episode 113Jay Papasan - Very practical slow and steady advice

Episode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k

Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

Amanda Han

Brandon Hall

Tax Reform Update – Brandon Hall and Amanda Han

Linda Weygant

Guides

Ultimate Beginners Guide

Forum Stickies

BP Calculators or spreadsheets uploaded by members

My Favorite Books

I have to say all of the BP books…right? :)

The Millionaire Next Door

The Millionaire Real Estate Investor

What Every Investor Needs to Know About Cash Flow

Hope this information can give you a good start. Feel free to reach out with any questions. 

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you