All Forum Posts by: Jason Lippe

I am new and planning on getting into the real estate industry, and I live in Newton NJ. I agree with the previous replies to a point, tough town, high taxes, questionable board and police, BUT there is a company in town that keeps expanding and is bringing jobs into the area on a potential big scale (a few years back and maybe huge going forward).  There is city water and sewer which is a plus in my book also. The area needs a little help in my eyes, some questionable areas and people, same as anywhere else to me. I would be interested in what you are thinking and might be of help.

Jason

I forgot to mention that i am interested in starting with house flipping, and maybe moving into some rentals depending on how it goes. I feel like i am in a great area for it, one that is growing at least slowly with new and expanding businesses. There are a decent amount of foreclosures, short sales, and regular properties for sale currently. Some in need of major repair, some that just need freshening up. I want to start small with properties that just might need a face lift, and then move into more complex deals if they can be priced right with potential for profit. Anyway, i appreciate the replies and info, i want to gather as much as i can from experienced people and try to limit my mistakes and try to get the correct info. I will get my first deal and learn from experience, its the only way to learn in my opinion, just gotta be smart and patient. Thanks again all!

Thank you for the responses, i am just trying to get started in investing and learning all i can about real estate. I currently cannot justify $1000's of dollars in fees to have the MLS access personally. I know there are more precise/accurate numbers in the MLS from what i am hearing, but until i can get a deal or two under my belt and get going i do not see the absolute value in it. For now i am thinking i can lean on my realtor to help me assess potential deals and give me what i need in regards to numbers. Your thoughts on going about it that way for now?

Hello fron NJ, in beginning stages of researching real eatate investing, i see being a realtor or a realtor assistant, to have access to MLS seems very important. All state laws differ a little it seems. I am not positive but i see that in NJ you have to actually work for/through a broker office to even carry the license or be able to recieve it. Does anyone know if this is the case. Also i would thing an investor having a realtor license would be a conflict of intrest in many ways.