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Updated over 5 years ago on . Most recent reply

Orane Jacobs's profile image
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Orane Jacobs
  • Member since Oct 17, 2019
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Orane Jacobs's profile image
Orane Jacobs's profile image
Orane Jacobs
  • Member since Oct 17, 2019
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Orane Jacobs
17
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55
Posts
Starting Out

Investing in an expensive city

Orane Jacobs
Posted

Is it worth it to invest in an expensive city? Im looking to house hack in Jersey City.

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Chris Martino's profile image
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Chris Martino
  • Rental Property Investor
  • from Jersey City, NJ
  • Member since Aug 7, 2014
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Chris Martino's profile image
Chris Martino's profile image
Chris Martino
  • Rental Property Investor
  • from Jersey City, NJ
  • Member since Aug 7, 2014
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Chris Martino
  • Rental Property Investor
  • Jersey City, NJ
45
Votes |
154
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Chris Martino
  • Rental Property Investor
  • Jersey City, NJ
Replied

Hi @Orane Jacobs, just because the city is expensive does not mean there are no deals. Depending on your current situation and areas you are interested in living in there are still parts of Jersey City that are somewhat affordable. If you can find a deal in areas that are still transitioning such as West Side, Bergen Lafayette, and Greenville then you may have some success house hacking. 

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