New Member - Newark, Nj

[Kevin Marcelino]

My name is Kevin & I am just getting interested into real estate investing & will be mainly be focusing/targeting multi-family home's to buy & hold in the Essex County Area. God willing in the future expanding into Passaic & Union County. I am brand new to this type of ball game. I have read my share of books & also spoken to current investors. Here to gain as much knowledge as possible from everyone. Like I stated earlier I am interested in buying my first multi-family home. Looking to live in/rent using a FHA Finance. Would love to hear advice from the BP community on their thoughts on what would be a good deal on first home. Also in regards to picking an attorney/contractor in the North Jersey (Essex County) area to assist with the process. Would greatly appreciate any advice from the BP Community!!!!

[Darren Sager]

@Kevin Marcelino what you want to do is definitely doable.  Bloomfield would probably be the hardest to get into at this point but it's been high on my list for years.  Lots of great changes going on there for quite some time.  Newark has billions flowing into it from an investment standpoint so I've warmed my opinion on the city a bit, but still weary long term with their rent control law currently on the books.  Belleville doesn't have a train so personally for me it's never been a consideration for a buy and hold.