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Updated over 3 years ago on . Most recent reply

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7
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2
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Die FU
2
Votes |
7
Posts

Any suggestion for starter investor in Jersey City/Hoboken?

Die FU
Posted

Hi there - Planning to start my first investment property. JC/Hoboken, 1B or 2B condo is my primary choice being closer to where I live so easy property management. However, the cap rate is relatively low. 

Wondering anyone here have invested in these areas can share how you did? 

Should I still look into this market or move on to other states with higher cap rate? 

Thanks!!

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