Complete Newbie from Brick, New Jersey
Hello All,
My name is Chris, I'm 26, and I'm located in Ocean County, NJ.
I came across this website through a Google search about a week or so ago and have been hooked. I really have almost zero knowledge on real estate investing, but I have been cramming the past couple of weeks trying to learn as much as possible.
I am trying to decide what would be a smart first investment for myself. I have enough money for a down payment on a property for about 95K max.
I would like my first investment to be close by but with taxes being so high in New Jersey, I don't know how I could afford anything worthwhile.
Some ideas I've had so far are..
A piece of land in the Outer Banks of NC, a rental property in Raleigh, NC, a rental property in Myrtle Beach, SC, a rental property in the Naples area of FL, or a vacation rental in the Pocono area of PA.
Any opinions or suggestions would be greatly appreciated!
Looking forward to getting to know everyone here!
Thanks!