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Updated about 4 years ago on . Most recent reply

Nick Hammell's profile image
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Nick Hammell
  • Member since Feb 8, 2021
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Nick Hammell's profile image
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Nick Hammell
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Nick Hammell
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Starting Out

Hoboken/Jersey City, NJ Opportunities, Advice, Agent

Nick Hammell
Posted

Hello,

I'm looking to purchase a property in the Hoboken/Jersey City area to house hack. I'd appreciate any kind of advice or insights on investing in this area, forming an LLC/Corp. and just getting started in general!

Ideal budget is <$600K

Thanks in advance!

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Farrukh Amini's profile image
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Farrukh Amini
  • Rental Property Investor
  • from Jersey City, NJ
  • Member since Dec 21, 2018
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Farrukh Amini's profile image
Farrukh Amini's profile image
Farrukh Amini
  • Rental Property Investor
  • from Jersey City, NJ
  • Member since Dec 21, 2018
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Farrukh Amini
  • Rental Property Investor
  • Jersey City, NJ
80
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176
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Farrukh Amini
  • Rental Property Investor
  • Jersey City, NJ
Replied

At that price point forget about Hoboken. Actually, forget about Hoboken altogether. 
there are some neighborhoods in JC that you can find cash flowing deals at under 600k. This topic has been discussed many times in the forums. Below are a few links to those discussions. Hope these help:

https://www.biggerpockets.com/...

https://www.biggerpockets.com/...

https://www.biggerpockets.com/...

https://www.biggerpockets.com/...

https://www.biggerpockets.com/...

https://www.biggerpockets.com/...

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