LOOKING FOR PROPERTY MANAGERS SOUTH JERSEY - VINELAND NJ

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LOOKING FOR PROPERTY MANAGERS SOUTH JERSEY - VINELAND NJ

Jake Drappi
New to Real Estate · Brick, NJ · Member since 2020 · 115 posts · 39 votes

Big hello and thank you to BP! I have just closed on my first property, and if my numbers are remotely correct, I will have almost a 20% CoC ROI on my first property. After studying for a year and learning as much as possible here on BP, I took a leap of faith, and things are looking really good at this moment.

I am was originally planning on self managing this property, but since the return is as high as it seems, I have started thinking about using a PM, and I wanted to see if anyone has a referral for a PM in that area.  Looking forward to hearing back from the community, and thanks again!

Jake Drappi

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  • Jorge Hernandez
    SFR & Multifamily · Jersey City, NJ · Member since 2016 · 59 posts · 7 votes
    5y

    What's up Jake. 20% coc is great. I'm looking for a multifamily myself. I have seen a few property management companies advertised on craigslist. You might want to try there if you haven't already. I am a handyman in North Jersey. North Jersey is not looking good for opportunities so I will try central/ south Jersey. Let me know how it goes.

    0Reply
  • Keven Vanegas
    Rental Property Investor · South Jersey, NJ · Member since 2016 · 124 posts · 58 votes
    5y

    Awesome to hear @Jake Drappi! Congrats! We manage properties a little further down towards the Atlantic City area. If you ever come down there lets talk!

    0Reply
  • Jorge Hernandez
    SFR & Multifamily · Jersey City, NJ · Member since 2016 · 59 posts · 7 votes
    5y

    @Keven Vanegas

    What do you think about Camden, NJ? I was introduced to a single family (1934 s 7 street, Camden, NJ). Gut renovation

    0Reply
  • Kevin Zolea
    Rental Property Investor · Collingswood, NJ · Member since 2016 · 282 posts · 116 votes
    5y

    @Jake Drappi Congrats man! 

    0Reply
  • George Rodrigues
    Investor · Member since 2019 · 17 posts · 6 votes
    5y

    Congratulations! Reach out to Mike below.  Not sure if he covers the area but he’s a great contact . Call me and keep in touch.

    0Reply
  • Jake Drappi
    OP
    New to Real Estate · Brick, NJ · Member since 2020 · 115 posts · 39 votes
    5y

    @George Rodrigues Thank you! I will reach out. 

    0Reply
  • Jake Drappi
    OP
    New to Real Estate · Brick, NJ · Member since 2020 · 115 posts · 39 votes
    5y

    @Kevin Zolea Thanks Kevin.  How are you making out? 

    1Reply
  • Jake Drappi
    OP
    New to Real Estate · Brick, NJ · Member since 2020 · 115 posts · 39 votes
    5y

    @Keven Vanegas Thank you Keven.  I will reach out.

    0Reply
  • Jake Drappi
    OP
    New to Real Estate · Brick, NJ · Member since 2020 · 115 posts · 39 votes
    5y

    @Jorge Hernandez Thank Jorge - I should have the place rent ready in the next 2 weeks.  I also think the Camden area is not great.  There are other high cash flow areas in NJ that are just safer neighborhoods, so why take the risk if there are other areas to invest.

    0Reply
  • Kevin Zolea
    Rental Property Investor · Collingswood, NJ · Member since 2016 · 282 posts · 116 votes
    5y

    @Jake Drappi No problem! I'm doing good. Experiencing my first turnover so just trying to rehab and get it back on market. 

    0Reply
  • Jake Drappi
    OP
    New to Real Estate · Brick, NJ · Member since 2020 · 115 posts · 39 votes
    5y

    @Kevin Zolea embrace the learning!  Good to hear you are well.  Hopefully it was a clean break.

    0Reply
  • Kevin Zolea
    Rental Property Investor · Collingswood, NJ · Member since 2016 · 282 posts · 116 votes
    5y

    @Jake Drappi Definitely man! I have learned so much already. I can't wait to get the next one haha. But good to hear from you let's keep in touch!

    0Reply
  • Mike Bonadies
    Property Manager · Washington Twp, NJ · Member since 2017 · 152 posts · 169 votes
    5y

    @George Rodrigues - Thanks for the shout out!!

    @Jake Drappi - Shoot me a DM. I am coming back to BP after a very long break. I own/manager 150 units in the area (primarily Millville). I know the area well and I can give you a few pointers on what to look out for. I love the area though. As long as you put a few dollars in the building it can be very profitable.

    0Reply
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