All Forum Posts by: Denis Ganev

Hi all:

If I was to not live in it, all the rent payments would cover the entire house (mortgage, tax, pmi). If I was to raise rent and live in one of the less desirable units, I would come close to offsetting my rent completely. Also, I dont plan to sell this property for the next 10 years, so I'm not quite worried about a downturn. My overall question was geared towards, do we see the heights growing in terms of appreciation in the next 10 years ?

Hello,

I'm currently looking to purchase a 3 family house in the Jersey City Heights area and wanted to get everyone's take on the area and future appreciation rate. It's a 3 family house alongside Secaucus Road, and the purchase value is around 670,000.  I believe it's considered the Western Slope of Jersey City. With that being said,  what is the real estate forecast for Jersey City heights in the upcoming years?

Hello,

I'm currently in the process of investing in a multi family home in north jersey city. Since its not prime Jersey City, will there be appreciation in value over the next 10 years? Also, the rents are currently not market rate for 3 bedrooms, but they still cover the mortgage. In terms of commute, its 25 minutes to port authority and 35 minutes to wtc. Thoughts?

Title might be misleading,  but its not near North Bergen.