All Forum Posts by: Allan Szlafrok

You can buy tax lien lists from TAxsalelists.com or taxsaleresources.com (i prefer them)

Where on Garfield ave is it and is it a new construction becuase its pretty expensive if its in Greenville or something like that. Also i would advise against renting it as a 4 unit when its a legal 2. Its not worth the headache or potential liability. Believe it or not Craigslist is a good place to find rental comps because they are actual live listings.

Where did you buy? Im an investor in the area. I really like JC though i do alot in Newark and the rest of  Essex county. 

I invest alot in those areas and the only deals at that price points are ones that have been sitting on the market for months and months meaning most investors have passed. There arent many 1 families in general in Newark but there are more in Irvington. That being said these houses are likely to be in awful maybe even unsaveable condition. And Irvington is a terrible city to be a landlord in. If i were you id partner up with someone and look to buy a 2 family in a stable part of Newark for a bit more money. Irvington and the worst parts of Newark arent worth the headaches. And your do better with a 2 family on a rent/square foot basis with a 2 family.

Hi im an investor in JC. You can message me if youd like to talk.

No im not an agent just an investor. Its hard but thats where the deals are. Not sure being an agent is going to help. Being able to close quickly and not wasting the agents time is what helps. 

You need to try and get some Fannie, Freddie, and HUD deals. They are ahrd to come by and first tme home buyers get first crack but alot of times you can get the deal when the property falls out fo contract becuase of a financing issue which happens all the time. At that point the asset manager and broker will open it up to investors and you need to be quick but thats where the good deals are. I get alot of the deals " off the rebound"

For 100k its pretty slim pickings in the better areas. Even in some of the so so areas 100k properties can be tough to find and they definitely will need work at that price point. Orange is a decent place to find properties at that price. 

Hi welcome to the site. Ive been investing in those counties for a few years now, 

Im a cash investor in Newark. I think its a great market if you avoid the worst areas. However i havent bought a single deal from a  wholesaler yet. Im looking for a good wholesaler to send deals my way.