Rental Property Investor · West New York, NJ · Member since 2018 · 72 posts · 31 votes
Hi Everyone - as I prepare to make my next investment purchase, I want to get a property manager lined up who will be able to handle everything it takes to run the property day to day. I also would love to have someone who would be an extra set of eyes on the deals to make sure my numbers make sense vs what they're seeing, etc.
I tried searching google/yelp/etc. and couldn't find anything but mixed reviews. Does anyone have any recommendations?
I'm currently looking at properties in Hudson County, Bergen County, and doing research into Newark.
Property Manager · NJ · Member since 2017 · 786 posts · 396 votes
6y
@Justin McElroy Ive found that a lot of property managers don't have an internet presence so they can be hard to find with a traditional home search. there are a few PMs that I can think of in the areas that you just mentioned. What size property are you looking to have managed?
Developer · New Brunswick, NJ · Member since 2015 · 1k+ posts · 2k+ votes
7y
Outside of Newark, those areas seem tough to make numbers work. If you're interested in looking further South, I am the man to talk to about Central NJ. The returns are more favorable than North Jersey and there are plenty of towns that have rentals available.
Property Manager · NJ · Member since 2017 · 786 posts · 396 votes
6y
@Justin McElroy Ive found that a lot of property managers don't have an internet presence so they can be hard to find with a traditional home search. there are a few PMs that I can think of in the areas that you just mentioned. What size property are you looking to have managed?
I’m looking at 2-4 family properties for the time being. Let me know if you know of anyone that manages these types of properties - it would be great to connect with someone with experience in these areas.