All Forum Posts by: Stephen Chatto

Stephen Chatto has started 70 posts and replied 417 times.

note. NJ charges 2% on the way out (sale) if the owner is not a resident of NJ. Dont know how that falls on LLCs. May want to look into that.

0 Votes

I am a full time investor in Trenton NJ. Feel free to reach out to me with any questions. The cash flow game ia strong there, along with fair eviction process in mercer county.

0 Votes

If you want cash flow you should consider Trenton.

0 Votes

Originally posted by @Bill S.:

@Shira Rubin so some local forums don't yet get a lot of traffic so you should include some key words in your post like Jersey City, New Jersey and folks who have those keywords will get alerts and can connect with you.

In addition, you can search your local zip code and find others in the area and reach out to them via the messaging system.

Great advise! You're response triggered my key words alert!

0 Votes

Jersey City, New Jersey

what type of mentor are you looking for? What arena of real estate? I am a full time investor in Trenton NJ. We have regular meetups at our office. If you're close come down one day and visit.

0 Votes

what part of NJ are you looking to invest? I am a full time investor in Mercer County NJ and would be happy to help you any way I could if this is an area of focus for you.

0 Votes

Talk to Dave Lodato at the Credit Union Of NJ.

1 Vote

Originally posted by @Valerie Hiscoe:

I've heard that buying under $75k is good to go cash but over $100k, better to go through a lender. What do you guys think? I'll have $25k cash and the same in credit cards available and was looking at Trenton, NJ. Any feedback? Opinions? I know it would be harder to get a worthwhile spread with the lending costs - for hard money anyway - but where do you draw the line in the sand? A minimum profit amount or....?

Valerie,

I do a lot of deals in Trenton. I do I lot of Buy, Fix, Rent and sell Turnkey That Way I am making money every month while waiting to sell, and at the same time my portfolio is growing! Fell free to reach out to me with any questions you have about the Trenton market.

Thanks,

Stephen Chatto

0 Votes

Originally posted by @Adam DAnna:

Hi,

I am looking to start out in real estate investing in Trenton, NJ using a buy and hold strategy. Despite some possible hoops to jump through, my plan is to use the Section 8 program as a way of partially receiving guaranteed rent.

I am currently a Financial Analyst at a commercial real estate brokerage and my partner runs a small construction company in Central NJ. I currently reside near Philadelphia, but am from the central NJ area and am relatively familiar with the area.

I would appreciate any other advice/insight on this. Thank you all in advance!

Adam, pleasure to meet you. I am a full time investor in Trenton NJ. I know the city well, and how to navigate the city and eviction process. Please feel free to reach out to me and I would be happy to share what I know about the city.

Trenton has a very fair eviction process and strong rental demand.

We also host a meetup right in Trenton. My contact info is in my profile, please fell free to reach out.

Stephen Chatto

1 Vote

welcome. Definitely join SJREIA if your in south nj. I am in central NJ. Let me know if I can.help you in any way.

0 Votes

← … 12 13 14 15 16 17 18 19 20 21 22 … →

All Forum Posts by: Stephen Chatto

Stephen Chatto has started 70 posts and replied 417 times.

Post: Proper Business Model

Post: Low cost areas in New Jersey to start out investing

Post: Need advice on deciding between two properties

Post: Looking for investors in the area

Post: Looking for a mentor .

Post: Out of country investments

Post: Portfolio Lenders

Post: Low-cost cash flips

Post: New Investor - Trenton, NJ

Post: New Investor from New Jersey