Contractor · 08234 · Member since 2016 · 253 posts · 178 votes
Hi Everyone,
I have two properties I am looking at to use the BRRRR strategy for. One is a 7 unit and the other is a duplex. I wanted to reach out and see if anyone has advice, experience, or thoughts on using this strategy in South Jersey/Central Jersey/North Jersey? Anyone who has done it successfully in this area that could weigh in? I am looking for pointers and tips on how to make this go successfully for me.
Flipper · East Elmhurst, NY · Member since 2015 · 47 posts · 28 votes
10y
Yes please provide numbers I own stuff in Jersey and it all comes down to the numbers. Ive done it in Elizabeth New Jersey with success but you have to buy the property cheap.
Investor · Leander, TX · Member since 2016 · 105 posts · 40 votes
10y
William Lees, can you provide the numbers?
Purchase price, rehab costs, expenses including mortgage and expected rent. This will make it easier to provide some comments.
Thanks.
Flipper · East Elmhurst, NY · Member since 2015 · 47 posts · 28 votes
10y
Yes please provide numbers I own stuff in Jersey and it all comes down to the numbers. Ive done it in Elizabeth New Jersey with success but you have to buy the property cheap.