NJ Investment Properties 101, Part 4: Achieving The Right Price
Remember this: You make your profit when you buy a NJ investment property, not when you sell it. Pay to much and you will NEVER recoup as much as you could have had you driven a better bargain!
The NJ rental real estate market is generally tougher on investors who overpay than on homeowners who do the same thing. While a home is an emotional purchase, many times leading to the “I must have it!” offers and bidding wars, most landlords look strictly at the numbers to see if their investment will pay off. If you pay too much for a rental NJ investment property, you should not count on a greater fool to come along later to bail you out of the purchase. (more…)








