Buying Rental Property In Nj -

"It’s got 'good bones,'" his agent, Sarah, said—the classic realtor's code for it needs work .

Marcus had spent months crunching numbers on spreadsheets. He knew the New Jersey market was a beast of high property taxes and even higher demand. He had scouted the glitz of , but the prices there were for people with much deeper pockets. Then he’d looked at Newark , lured by the revitalization, before finally landing here, in a neighborhood where commuters were starting to realize they could get a backyard for the price of a shoebox in Manhattan. buying rental property in nj

The bidding war was a blur of "highest and best" offers. He lost sleep over the down payment, watching his savings account drain into an escrow folder. But when he finally held the keys, the weight of the metal felt like real, tangible wealth. "It’s got 'good bones,'" his agent, Sarah, said—the