All Forum Posts by: Joseph Cahill

Hello everyone, I'm looking for investors who are located in northern New Jersey for a possible meet up or just an introduction through the site. I am new to RE and would love to shadow and help anyone in the area who needs a hand. Thank you!

Mike Mankowski Hey Mike. I'm from North Jersey (Bergen County) and would love to connect. Seeking mentorship and would love to learn from you. Thanks!

My fathers friend is willing to sell his condo to us the town over from me. He is asking $30,000 more than what it is worth currently, due to the fact that he bought it at the height of the market in 2007. These are one of a kind in my area and don't go on the market very often if at all. I am thinking about purchasing this due to the low property tax, maintenance fees, and the top schools in the area (Northern Jersey public high school in town is top rated). I was thinking of buying this, having a roommate for a few years, and saving up to buy my second property (which would be an investment property). I consider this a long term investment: possible retirement home for my parents, my first home in 5-7 years to start a family (I am 23 currently), or another investment property after i pay down the principle on the mortgage. Is this something I should be looking to do as my first property? I am 23 years old and would be putting 80% of my savings on a down payment, but will be getting a bonus and a raise at the end of the year, and am also taking on some other work to make extra money. Any advice is appreciated, thank you!

My fathers friend is willing to sell his condo to us the town over from me. He is asking $30,000 more than what it is worth currently, due to the fact that he bought it at the height of the market in 2007. These are one of a kind in my area and don't go on the market very often if at all. I am thinking about purchasing this due to the low property tax, maintenance fees, and the top schools in the area (Northern Jersey public high school in town is top rated). I was thinking of buying this, having a roommate for a few years, and saving up to buy my second property (which would be an investment property). I consider this a long term investment: possible retirement home for my parents, my first home in 5-7 years to start a family (I am 23 currently), or another investment property after i pay down the principle on the mortgage. Is this something I should be looking to do as my first property? I am 23 years old and would be putting 80% of my savings on a down payment, but will be getting a bonus and a raise at the end of the year, and am also taking on some other work to make extra money. Any advice is appreciated, thank you!

My fathers friend is willing to sell his condo to us the town over from me. He is asking $30,000 more than what it is worth currently, due to the fact that he bought it at the height of the market in 2007. These are one of a kind in my area and don't go on the market very often if at all. I am thinking about purchasing this due to the low property tax, maintenance fees, and the top schools in the area (Northern Jersey public high school in town is top rated). I was thinking of buying this, having a roommate for a few years, and saving up to buy my second property (which would be an investment property). I consider this a long term investment: possible retirement home for my parents, my first home in 5-7 years to start a family (I am 23 currently), or another investment property after i pay down the principle on the mortgage. Is this something I should be looking to do as my first property? I am 23 years old and would be putting 80% of my savings on a down payment, but will be getting a bonus and a raise at the end of the year, and am also taking on some other work to make extra money. Any advice is appreciated, thank you!