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All Forum Posts by: Manshi M.

Manshi M. has started 16 posts and replied 29 times.

Post: REM Capital - Robert Ritzenthaler - Thoughts?

Manshi M.Posted
  • Real Estate Investor
  • Jersey City, NJ
  • Posts 30
  • Votes 1

Has anyone from this group invested with REM Capital? I am considering investing in one of their syndication projects in Texas. Since we have not worked with this group before, I am hoping to get some references.

Post: Need recommendation for Passive Real Estate Investment Attorney

Manshi M.Posted
  • Real Estate Investor
  • Jersey City, NJ
  • Posts 30
  • Votes 1

Hello everyone,

I am currently exploring a syndication opportunity and am in need of legal expertise to review the associated paperwork.  Can you please recommend a reliable legal professional who can help investors for evaluating the contracts for syndications / passive real estate opportunities?

Thanks in advance.

Post: Does appreciation % reduce with the number of units?

Manshi M.Posted
  • Real Estate Investor
  • Jersey City, NJ
  • Posts 30
  • Votes 1

Would the rate at which a 2 - 4 unit property appreciate be more than a 20 unit property in the same area? I presume that there would be a lot of buyers with an appetite to buy a 2 unit property (i.e high demand) but the pool of investors would be lesser for large multifamilies (i.e. low demand) and as such, the large multifamilies would appreciate at a lesser rate. Can you please share your thoughts?

Post: 3 Family House in Jersey City Heights (07307)

Manshi M.Posted
  • Real Estate Investor
  • Jersey City, NJ
  • Posts 30
  • Votes 1

Hi,

In my opinion, heights has already appreciated a lot in the recent years, and there is hardly any appreciation potential left in that section. 

I have been an investor in this area for a long time and think that the time to invest in heights has passed.

I would focus on Bergen-Laffayette area for the next big thing.  

Post: Need recommendations for a good contractor in Jersey City

Manshi M.Posted
  • Real Estate Investor
  • Jersey City, NJ
  • Posts 30
  • Votes 1

Hello all,

I just closed on a 3 family house in Jersey City and am looking for some recommendations for a good contractor. The scope would include painting, flooring, bathroom remodeling, kitchen remodeling, etc. Can you please let me know if you have any good contacts?

Thanks in advance!

Post: NJ -- Converting from 2 Family to 3 Family Question

Manshi M.Posted
  • Real Estate Investor
  • Jersey City, NJ
  • Posts 30
  • Votes 1

Hi Tirthal,

I want to do the same for 2 properties. From what I understand, it is a difficult process. I was thinking of reaching out to zoning department for guidance. It would be great if we can keep each other posted.

Post: Zoning Conversion in Jersey City - Converting a 2 fam into 3 fam

Manshi M.Posted
  • Real Estate Investor
  • Jersey City, NJ
  • Posts 30
  • Votes 1

Hello,

I have a 2 family in Jersey City (zoned R-2). It has an above ground basement and meets all the requirements of a 3 family. The very next house is identical to my property and is a 3 family. Can anyone help me in understanding what the process of converting 2 family into a 3 family in Jersey City would be like? Appreciate any thoughts on this. Thanks.

Post: Meet up Info.

Manshi M.Posted
  • Real Estate Investor
  • Jersey City, NJ
  • Posts 30
  • Votes 1

Where is Jersey City REIA meeting happening next Thursday? I'd love to join.

Post: Please help - Need recommendation for a good contractor

Manshi M.Posted
  • Real Estate Investor
  • Jersey City, NJ
  • Posts 30
  • Votes 1

Hello,

I just bought a house in Jersey City, New Jersey and need to remodel my bathroom/kitchen. Can anyone please recommend a good contractor?

Thanks a ton.

Post: Can husband/wife have individual FHA loans?

Manshi M.Posted
  • Real Estate Investor
  • Jersey City, NJ
  • Posts 30
  • Votes 1

Hi Erik,

I had a similar question. Were you able to get an answer yet? My husband already has a FHA loan. Can I buy another property with FHA loan under my name?