All Forum Posts by: Alejandro Espinosa

Hi everyone,

I have placed an offer for a property in Pennsauken NJ, limits with Cherry Hill. My GC just told me he has signed a contract that would not allow him to do this work. I need recommendations for GC's in this area. I really appreciate the recommendation.

Info about property:

It has been demo, the property is structurally sound. We need to re do a portion of the extension, new electric, new plumbing, new HVAC, new walls, new bathrooms, new flooring, new insulation new drywall, new kitchen, new doors and trim throughout the house.

@Justin Pencook good evening. I am intending to purchase an investment property in Pennsauken NJ, it needs to be fully rehab. Do you know any general contractors in the area that are interested in doing the work? I really appreciate your help. Thanks

Hi Inemesit C.

I am looking for properties at a discount price that i can fix and rent. i am always open for properties that are turn key if the numbers meet my criteria. lets connect to discuss what you have. thanks for reaching out 

Hi everyone, I am looking for a realtor in the Camden NJ area. Im a experienced contractor in NYC and I am looking to buy a couple of properties in Camden to rent under section 8. Anyone that can help me get familiar and show me around? Im willing to pay for your time.

@Estefania Lozano Hi, by reading throught the comments and looking at the situation, and keep in mind this is my point of view, you need to have her go, give her the 300 back, it is nothing compared to the headaches and bills that will pile up such as, pest control, turn over on the adjacent properties, legal fees, evictions, I can go on. The sooner she leaves the sooner you can renovate the unit and rent it at a market rate. Those 300 should be looked at as an investment to get your unit back. Think on what you really want to do. Good luck

@Derek Moore how is it going? Im a GC and i am also looking for properties in Camden. Im interested in renting under section 8 but I dont know how that market works there. Maybe we can help each other... let me know

@George Pauley not necessarily. Not everyone is leaving the city (5 boroughs). The incoming people are usually millennials with good income and a growing family, people that need space and somewhat are tired of paying 2700 for a 850sf apartment. This is what is creating a surge in pricing in these adjacent towns to NYC

@Kevin Hill you are right, I have been looking for a 2 family house for me to hack and it's impossible to get a property at the listing price, many people are over paying just to get the house. However in reality, some new Yorkers are the okay paying more due to the high prices in NYC, whick in turn, I think it's creating an inflation in prices in commuter towns. Amazingly enough a 2 family home in Union city just got sold for 750k. Also, this opens some opportunities for smart flippers, who can turn a property quickly enough for the current market. But it's hard to see what will happen in the next six months as people learn to live around COVID-19 and while a vaccine gets develop. Let's see what happens. Thanks for your post , it really helps rookies like me keeping our feet grounded.