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Investment Properties in 08701 : Real Estate Advice

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Fri Oct 2, 2015
thinz answered:
Personally, I find investment properties in out of state locations that are stable or growing, where you can purchase and rent and have a positive income flow after expenses is the way to go. You need to focus on a good property management company, realtor agency, and title company so you have all the pieces for a good investment property team. It takes a little work, but it is in my opinion a better option than trying to compete with overpriced foreclosures here in NJ...you can find some good ones, but the competition is very high, and the cash flow situation could be riskier depending on your financing...It is more difficult to have a positive income after expenses in NJ on a foreclosure.
Tom Hinz www.shortsaletosell.com
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