All Forum Posts by: Wayne Loux

I invested in South Amboy personally and have been licensed for 15 years let me know how I can help.

Yes NJ favors tenants but before covid eviction was easier.  I have invested in NJ for 15 years, let me know if you have any other questions.

Hey man don’t hesitate to ask me any questions have been an investor and agent for 15 years and house hacked several homes.  Would love to hear what you are looking for 

I had the same convo with a buddy who invests with me. We may head down to check out opportunities.  Any agents or investors in the area please feel free to reach out.

Hey Michael let me know if you need  any help I service those areas.   Originally from Edison, lived in Dunellen for a few years, flipped a house in Middlesex, and my wife taught in Piscataway for years.  I am also an investor so can guide you in that regard as well.   Hope to hear from you!

I have not tried it yet but I have spoken to one PA company that handles Helocs on investment properties.

The mls fee should be a wash if you have both sides of the deal in NJ.  May I ask which firm you are at?  50/50 seems very low for 3 years experience.  You are an independent contractor dont stay with a firm that takes that much away from your hard earned  money.  Feel free to message me about other options!

Hey Michael welcome man!  The forums are a good way to connect but you really need to get out and start looking at properties, this business can push and pull you in so many directions.  I have been investing for 15 years and a licensed agent for 14+ years would love to connect and talk more about which direction you want to head.  All the best!

My wife and I have a goal to spend a minimum of a month in Maui each year, covid stopped us from returning to the island in 2020 so we are setting goals for the future.  We have for a few years casually looked at vacation rentable condos in Kanaapali but we are thinking of possibly switching our search to Kihei.  Would love some insight into some investors experiences on the island especially in those two areas.  

Would even consider financing the build of an ADU for someone with land that already uses their residence as a short term rental spot. From what I have heard the process to turn single family residences into vacation rentals is a tough task. Would love any insight or ideas the community may have.

Hey Nick thanks for the follow and great question, the market is pretty wild right now.  I would highly recommend hunting off market. I was recently fortunate enough to put two multies under contract in ocean county that I stumbled upon through a neighbor of a place I already own.  Hit the markets you really want to dive into and put some feelers out with multies that interest you.