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Updated almost 5 years ago on . Most recent reply

User Stats

24
Posts
19
Votes
Albert Ellis
  • Flipper/Rehabber
  • Baltimore, MD
19
Votes |
24
Posts

BRRR in Jersey City, Paterson, and East Orange New Jersey

Albert Ellis
  • Flipper/Rehabber
  • Baltimore, MD
Posted

I'm looking to BRRR properties in North Jersey and need to grow a team of contractors and Investor friendly Realtors.

Any recommendations would be great! I've targeted a bunch of single family/Multi Family off market properties in East Orange, Paterson, and Jersey City with estimated purchase and rehab costs being 35-45% ARV. At this point I need to start making offers, but I need an investor friendly realtor and contractors I can call to perform painting, electrical, plumbing, flooring, cabinetry, bathroom/kitchen renovation etc.

Most Popular Reply

User Stats

761
Posts
387
Votes
Vaughn Smith
  • Real Estate Consultant
  • New Jersey
387
Votes |
761
Posts
Vaughn Smith
  • Real Estate Consultant
  • New Jersey
Replied

@Albert Ellis I'd get the properties under contract first while you're making offers, you can focus on building your team. Many people wont take you seriously or return your calls if you don't have proof points like a solid number of deals under contract or a proven track record. We all get tons of calls, e-mails texts and DMs from people with similar strategies, and the potential investor never gets their business off the ground. Get the properties under contract, price them correctly and you'll be amazed at how easy it is to build a quality team. 

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