The prices are still really affordable compared to other cities, but you get solid rental income potential.

To start my portfolio, I intend to buy a property in my area to retire my mother from New York.

Hey all, I'm Stanley from Oklahoma City.

Hey @Matthew Ferguson ...That depends if you're thinking of going the LTR route in the city of St.

One land speculation I bought 4 acres in sonoma County CA ( wine country) in 96 for 27k it was unbuildable at the time ( could not get a septic system on it) Well city grew to us The Graton Casino comes in right across the street and we sold a few years ago for over 2 mil to a land assemblage investment company.

It has sat empty for the last 20 years but the current owners have completely gutted it, have bids from contractors they're willing to share, cost estimates etc. and have had lots of inspections done and so much pre-work with the city and county to figure out what they can and can't do, so a solid plan is already in place.

Hi @Sam Mishra what's more important for you, affordability or Jersey City  area?   

To estimate closing costs and monthly expenses for a multifamily property, closing costs in New York typically range from 3-6% of the purchase price.

There are still liens today leftover fro the 2016 Baltimore City tax sale.

The city can do whatever they want I I have to lean forward and take it.