All Forum Posts by: Raj G.

@Tzvi Balsam...I am also interested in local friendly meetup in Bayonne.

Hi, I am from Bayonne, so I was wondering if there is any local group of Bayonne investors, where private lenders, investors , and all people with similar interest meet together, help each other, share their experience, and plan to work together....

Thanks

Hi Friends, thanks all above all health discussions, Just wondering you are buying now or waiting  for market to come down...

Hi Friends,

Just wondering what is trend now-a-days.

Home prices have touched 2006 peak on most places.

so , you guys are investing or waiting for market to come down.

Hi Friends, I have seen some 4 unit homes in Bayonne, all have one duplex.

I was just wondering why all have one duplex, why didn't they made it 5 unit home, even though both floors of duplex have their own kitchen , living room etc, so technically they could be two separate apartments.

My concern is if I buy such building and convert it into 5 units by converting duplex into two units..what are expenditure, legal issues and  procedure..Thanks in advance.

Hi, I see a one family home in Bayonne.

Need help from all friends/experts to know what should be worth for this.

it's built in 1891, looks ok, it has heated tile/floor..I don't know its plus or minus?

This is URL on zillow

http://www.zillow.com/homes/for_sale/NJ-07002/2102...

what is best way to find good deals directly?

also if I know the owner of a property then how to find it's address and contact number to reach him?

Thanks @Tzvi Balsam, @Robert T. for you valuable inputs :-)

if I compare, my monthly rental income=my monthly mortgage + property tax + home insurance.

But, I am thinking equity that I am making every month is gain.

Riskier part is : built is 1920, so I don't know what sudden/unexpected expenses I will face down the road.

...there will be no partners, I can add/remove my wife name from the company depending on where is more gain, also Just wondering how it will affect my loan I will take for investment.