There are sections of course that are distressed and economically challenged but sections such as Passaic Park and even by Passaic General Hospital are upper class and very nice appreciating properties.

I know the area pretty well between DC and MD and it's not easy to find deals that make sense but you if you hustle or buy a fixer upper you can make it happen.

Buying a fixer-upper doesn't seem to be lucrative either since labor costs are through the roof these days here in the Bay Area.

PS: since this would be my first investment, I would like to avoid fixer-uppers.

Hi Everyone,so I have a  property I am looking to get under contract possiblyThe house is a fixer-upper And looking to buy it for around $130kI had a contractor walk through the property with me and he threw out the suggestion of tearing down the property and building either two homes or 2 to 4 townhomes on the property because the lot size is big enough to do thatMy Original plan was to just renovate the existing house and use the BRRRR strategy to refinance it, so my question here is will the BRRRR strategy be applicable if I were to tear down the property and build new houses or town homes? 

A little cracking there is passable, but if they’re 1/8”+ wide on both upper corners, it may indicate a significant lack of support and the only real fix for that is to take all the affected bricks down and starting over ($$$$$).

Just going out on a limb here, but why would you have to try to put houses under contract all the way across the world.  

Without seeing the survey or the area, my experience suggest the only way to get both commercial and residential would be a mixed use condo/apartment structure (first floor retail, upper floors residential).When going through the PUD process, the community assesses not only the concept, but also the development team to determine the likelihood of success. 

I’ve bought some properties here and there over the years, usually fixer uppers.

They are great to use to purchase and repair fixer uppers for flips or brrr investing.