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All Forum Posts by: John Roldan

John Roldan has started 2 posts and replied 3 times.

Post: Beginner in Jersey City

John RoldanPosted
  • Tampa FL/Cebu City, Cebu
  • Posts 3
  • Votes 2

@Dave Visaya, we invest in the Cebu and Davao region of the Philippines, I am going to go back and have an apartment complex built sometime next year.

Do you invest in the Philippines as well? If so, where at?

Post: Beginner in Jersey City

John RoldanPosted
  • Tampa FL/Cebu City, Cebu
  • Posts 3
  • Votes 2

Hey All,

I'm John and I've always had an interest in real estate as a result of its passive income opportunity and ability to generate income using other peoples money.

My family actually owns real estate in both Jersey City and the Philippines so it runs in the blood.

I am trying to maximize the investments ability to generate income in the United States in order to better capitalize on potential investments abroad and to also give myself more time to immerse myself in the field of real estate. 

My starting goal is to generate $5k in passive income within a 2 year window.

Currently, I'm planning to start my real estate investing career with residential properties and look to generate income through a combination of flipping and buy & hold techniques.

That's all for now, but I look forward to meeting you all and hearing about your individual stories and experiences. 

As always, keep investing.

Post: Beginner Real Estate Investor From Jersey City

John RoldanPosted
  • Tampa FL/Cebu City, Cebu
  • Posts 3
  • Votes 2

Hello all, from Jersey City.

I'm John and my family and I currently own a house that we are having renovations done to in the Jersey City (Journal Square 07306) area, which is in a very good location for potential renters since it is close to: (transportation, food places, one train ride away from Newport Mall, etc)

The property has gone through appraisal and after, was appraised at a pretty good value in the $350k+ range and I am wondering what to do to get started in real estate investing.

I am interested in having it rented out but also POSSIBLY selling it, and getting multiple properties with a large amount of rooms (3-4+) that I can have rented out for cash flow.

If any investors are in the 07306 area or have experience with investing in Jersey City, feel free to provide some feedback and some strategic insight. Since I am new, it would be much appreciated to receive some advice from seasoned investors. Opinions on the real estate market in Jersey City are useful as well.

Thank You & Keep Investing All.