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Updated over 6 years ago,

User Stats

30
Posts
5
Votes
Justin Vasquez
  • Investor
  • Kapolei, HI
5
Votes |
30
Posts

Multi-family in Union City New Jersey area.

Justin Vasquez
  • Investor
  • Kapolei, HI
Posted

Hello i'm looking at investing in multi family homes in Union City/North Bergen area. This area still has so much potential and i'm extremely excited about the prospects. 

Any advice would be helpful, perhaps a meet up to discuss my plans. One thing that's concerning me is the high property taxes, and what appears to be a lukewarm rental market.  I think the homes are being sold to high compared to what they can earn in potential rent. 

I'm looking for the ugly property on a nice block. NOt necessarily for flipping but definitely for a BRRR strategy. If you have any experience in the market with multi family or FHA repairs please let me know.