Beginner Real Estate Investor From Jersey City
Hello all, from Jersey City.
I'm John and my family and I currently own a house that we are having renovations done to in the Jersey City (Journal Square 07306) area, which is in a very good location for potential renters since it is close to: (transportation, food places, one train ride away from Newport Mall, etc)
The property has gone through appraisal and after, was appraised at a pretty good value in the $350k+ range and I am wondering what to do to get started in real estate investing.
I am interested in having it rented out but also POSSIBLY selling it, and getting multiple properties with a large amount of rooms (3-4+) that I can have rented out for cash flow.
If any investors are in the 07306 area or have experience with investing in Jersey City, feel free to provide some feedback and some strategic insight. Since I am new, it would be much appreciated to receive some advice from seasoned investors. Opinions on the real estate market in Jersey City are useful as well.
Thank You & Keep Investing All.