All Forum Posts by: Kevin Suttles

Hello everyone, bringing this thread back from the dead, young investor here currently house hacking in north jersey and looking into Newark for my 2nd investment.  Currently using Newarks zoning map to find the 2 and 3 family areas and weeding out the single family ones. I've been looking in the Weeqahic area, Lower Vailsburg near seton hall, springfield/belmont and upper clinton hill areas. Staying away from the westside but I feel eventually that'll clean up eventually.  Plan on providing section 8 since its less of a risk as far as getting paid but more of a hassle, I know. Are these solid areas to look into ? Any suggestions on a solid realtor that knows newark more ? Thanks everyone  

Reliving the thread,  Recently I have acquired land in NJ and currently house hacking, the good news is that my property can be subdivided which I was not expecting, yes there are probably some variances that I will run into but I think its a 80% go. My question is should I go and sell this property and pursue my goal of owning a small apartment complex or build a house which will probably cost around 150k to 200k and rent it out covering most of my mortgage? Both sound good! Looking forward to everyones ideas. Thanks

So recently I have acquired land in NJ and currently house hacking, the good news is that my property can be subdivided which I was not expecting, yes there are probably some variances that I will run into but I think its a 80% go. My question is should I go and sell this property and pursue my goal of owning a small apartment complex or build a house which will prob cost around 150k to 200k and rent it out covering most of my mortgage? Both sound! Looking forward to everyones ideas. Thanks 

Thank you all I have a plan in place and feel that things will be coming into place realitively soon. 

Hello, a little bit about myself just bought a house in North Jersey and currently living with roommates, I'm planning my next invest in the next few years and just trying to learn as much as I can.  Hopefully bigger pockets can launch me into the right direction!

Ok thank you !

Hello all a young investor here looking into the potential value in newark.  I have seen land in newark question is how much would it be to build a multi family ranging from 2 and 3 family ? sq ft cost ?