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…)
The less credit card and other consumer debt you have, the better your credit score will be, as will your prospects for getting a decent loan. Lenders usually require bigger down payments then in previous years due to the mortgage mess. Other factors will be the interest rates and generally stronger finances of the person purchasing the NJ investment Real Estate. Interest rates will be higher for those purchasing investments properties because studies show there is a higher likliehood defaults, compared to those covering real estate used as a primary residence. (more…)
Experienced NJ landlords find their investment properties in a variety of ways. Some look for foreclosures, whereby making friends with clerks at the city hall or bank employees who know which properties are about to be sold. Some run advertisements in local newspapers. Others work with a NJ Realtor who keeps their eyes wide open for possible purchases.
Several NJ landlords recommend joining a local landlord or property owner’s association to make contacts. Still, others take an additional step and join local chambers of commerce and clubs such as Kiwanis, Moose, and Elks Lodge. (more…)
Investment opportunities in real estate abound. As an investment vehicle, NJ real estate allows you to flexibility to control the involvement and time invested. From passive investments in Real Estate Investment Trusts, to buying NJ homes and positioning them for rent, there are may ways to profit from real estate investment. As your agent, I know all the ways, as well as the advantages and drawbacks of each. Let me explain further…
1. Real Estate Stocks and Mortgage Instruments: The passive investor would most likely want to place investment funds into the stock market in the form of equities of major national home builders. On the other hand, they might want to invest in Real Estate Investment Trusts (REIT). This is a fund set up and managed to invest in stocks, bonds and mortgage investments in the real estate area. Discounted notes are another investment strategy. Sellers many times accept a mortgage from a buyer, and after payments have been made for a while, they want to convert to cash. They sell the note to an investor at a discount and the investor then gets payments from the buyer. (more…)
Looking for a home along the New Jersey Shore can be a complicated task. But with the right NJ licensed agent, your experience will be not only pleasurable, but educational with regards to towns, sections, neighborhoods, and streets. In the past few years, many of those taking advantage of the Jersey Shore scene are transplants from northern New Jersey and New York City.
Not knowing too much about the area, except for the beaches, they turn to a local agent who cares about their wants and needs. These transplants still are still looking to work up north, but need an oasis away from the noise and crowd, but still close to mass transit and the beaches they have loved since childhood. Little Silver offers the best of all worlds in this charming colonial (pictured above). Locate this New Jersey Shore property by clicking 199 WILLOW DR, Little Silver, NJ.(more…)
SPACIOUS RANCH IN WAYSIDE. 2 WOOD BURNING FIREPLACES. KITCHEN WITH GRANITE COUNTER TOP/BS FLOWS INTO FAMILY ROOM WITH BEAUTIFUL ENTERTAINMENT CENTER, SLIDING GLASS DOOR OPENS TO PRIVATE 2 TIERED DECK COMPLETE WITH HOT TUB. FREE-FORM SYLVAN POOL WITH SPA. LOTS OF OUTDOOR LIGHTING. PROFESSIONALLY LANDSCAPED YARD. HUGE FINISHED BASEMENT WITH COMMON ROOM, FULL BATH, WORK ROOM AND STORAGE ROOMS. ATTACHED TO 2+ CAR GARAGE. CLOSE TO SCHOOLS, SHOPPING AND TRANSPORTATION. SHOW AND SELL!!
Contact Daniel Kurland, listing agent, at (732) 233-6969 for showing today!
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!
Looking for a home along the 
