Stuck Beginner investor
Hello Everyone,
I am a newbie investor looking to invest in buy & hold in Central Jersey in the 200k-350k range with a minimum of $200 monthly return and an 8% coc.
I have this mapped out but I cannot seem to understand picking a market. I see places like Newark, Trenton, and Camden and keep reading pros and cons on each and there does seem to be a lot more risk there than other markets in the area.
I have also looked into Hackensack, Perth Amboy, New Brunswick, and a lot of the Middlesex area and am struggling to find something telling that would make them a solid place to keep looking.
So I am here to ask if anyone could provide some information to guide me in picking a market. Open to all suggestions, I would love to hear and learn from everyone.
Thank you in advance :).