<<What? you mean Blue as opposed to Red?>>
Yup…exactly…Look at the Red/Blue map of the “lower 48” from the 2004 election. Which states can you NOT afford to REI in?
Luckily there are only 18 Blue states…in some areas of PA, rural IL, and ME you might cashflow OK…but CA, WA, MD, NY, and MA are a ‘train-wreck’!
The only way to cash flow in NJ is to pay at least 100K in cash. Some areas might be less. But NJ is very Tennant friendly. The best time to invest was a few years ago just before everything went crazy. Noe the fundamentals don’t add up so skip this state until things fall back into place. Now subdivisions selling 800K-1.2Mil cookie cutter homes are now common place. The crap will hit the fan, the question is when.
Been to NJ. Only way that looks like you can make money there is with a Dunkin’ Doughnut franchise. Seems to be at least one on each corner.
<<Been to NJ. Only way that looks like you can make money there is with a Dunkin’ Doughnut franchise.>>
…or the concrete business…what with all of the ‘shoes’ and the “Jersey barriers”…