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Updated over 4 years ago on . Most recent reply

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First time investor seeking guidance

Patrick Jaraique
Posted

After reading many BP books, listening to podcasts and watching videos, I finally got my feet wet in real estate after purchasing my first property. A SFH in Tobyhanna PA. The process was stressful but rewarding and now I am more confident in building my portfolio. I was hoping I could get some suggestions on where to go from here. I thought the stacking method would be a good approach but may not be the best fit for the PA Jersey or NY market. I can WFH anywhere in the US so I am willing to travel. I am open to any suggestions on where to look and what to do next as I decide what might be the best fit for me.

Thank you all in advance!

Most Popular Reply

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Lamont Chen
  • Realtor
  • Hudson County, NJ
110
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176
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Lamont Chen
  • Realtor
  • Hudson County, NJ
Replied

@Patrick Jaraique You are in a great position! You could think about purchasing/moving to states with no state income tax and have potential for cash flowing and appreciation (plus "good" weather). Texas, Nevada, and Florida to name a few.

I own investments in NJ and 1 in Orlando at the moment. It is always a joy when I fly down to FL especially during the winter!

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