All Forum Posts by: Jakub R.

I’d argue one of the biggest benefits of staying local here in New Jersey is the high year-over-year appreciation in both property values and rents. Even if a deal just barely breaks even in year one, the growth trajectory tends to be much steeper than what you’ll see in many out-of-state “cash flow” markets.

While out-of-state properties can look attractive for day-one cash flow, those markets often stay relatively stagnant. You might collect a little more each month, but five years down the road the rents and home values haven’t moved much. In NJ, on the other hand, appreciation plus rising rents compound quickly, turning a breakeven property into a strong performer in just a few years.

For me, that combination of tenant demand, limited housing supply, and strong appreciation history makes local investing worth it, especially if you’re playing the long game.

On top of all this I have been investing in NJ for over a decade yet to miss a single payment of rent, the laws that give our state a bad name are not common with with small multi family.