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Updated almost 4 years ago on . Most recent reply
House Hack - West New York, Union City, Jersey City Heights etc
Hi, interested to hear about others who work in NYC and house hack in easily commutable areas of NJ such as West New York, Union City, Jersey City Heights etc. Seeking Multi/single families to start a portfolio. Anyone have any advice of stories?
Most Popular Reply
I am moving to Weehawken on June 1st, but I am definitely not buying a home there.
My strategy has been to consistently invest out-of-state. I think this crisis is really going to test that resolve. If prices get low enough, I could change my opinion on a few strategic, investments. That said, NJ is a nightmare on the tax side, and these areas are going to need to cover budget shortfalls. That always means hammering the home owners.