The point is to profit by finding a great deal on a property, then passing the deal on to another investor willing to pay more.

In addition to this commercial unit, I currently manage a portfolio of five residential and commercial units, which has allowed me to gain hands-on experience in property management.My approach focuses on maximizing property value through strategic enhancements, ensuring tenant satisfaction, and implementing efficient management practices.

-you have to have a funnel - you get leads, you make offers, you move on if they don't work. how is your funnel? 

That way you can identify the source os a problem early on.

On the acquisition you have only $1500 in closing costs.

From what I see, if people ever do that its way down the line.

Taking that first step to learn and connect is huge, and it sounds like you're already on the right path by diving into podcasts and resources.If you ever have questions about specific investing strategies or need advice on navigating the market, feel free to reach out.

Depending on when you bought in Jersey City, you are probably in a good position to sell now in general.

After minor renovations to enhance its appeal, it has consistently performed well on the short-term rental market, particularly on Airbnb, where it maintains a high 90% occupancy rate.

Similar to what others said, it’s probably not realistic with current rates on most houses to live for free.