All Forum Posts by: Casida Caines

Please add me to your list- thank you!

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@Joseph Druther Awesome job on the rehab. Congrats!

@Nicholas M Pendergrass Hi Nicholas. Thank you for responding and providing your opinion. It's always good to hear from those who grew up or lives in the area. In agreement, a declining population is very concerning. Thanks for pointing that out as well.

Best,

Casida.  

Hi all!

As an NYer looking to start in my local markets (from my general understanding, that is, any surrounding area within a 2-hour drive), I’ve been researching East Orange and City of Orange given the numerous reports of  redevelopment projects in those areas. And, the purchase price to cash flow ratio, of course, compared to NY. However, the date range for some of these reports are 2013-present, yet still, I see so many negative reviews of the areas. Could this mean that even with the current redevelopment plans, these areas will take a more significant number of years to improve, housing class wise? What are some other important factors to consider? Any feedback or advice from those who are familiar with the area or have investments there?

Side note- I’ve experienced the market difference and redevelopment changes of 5 years in similar housing class, in Brooklyn and Queens. Therefore, it is a bit concerning that it has been around the same number of years, but it appears that EO hasn't had, at least half of the similar outcome as of yet.

Thanks,

Casida. 

@Anthony Caleca Similarly, I'm also interested the outcome :) Thanks!

For home equity gained through market appreciation, what underlying criteria's should be examined to determine whether a HELOC or a cash-out refinance is the most practical option when aiming to scale your portfolio?

@Odie Ayaga Hi Odie, what are your thoughts/advice on northern NJ for us NYers? 

@Michael R. Hi Michael, Welcome! I'm also in the Jamaica area which is transforming, so congrats on your purchase. A meet up in area would be a great way to network. We can collaborate on organizing this as I was planning on holding one end of month. @Account Closed Hello, fellow West Indian as well, lol.