Hello i'm looking at investing in multi family homes in Union City/North Bergen area. This area still has so much potential and i'm extremely excited about the prospects.
Any advice would be helpful, perhaps a meet up to discuss my plans. One thing that's concerning me is the high property taxes, and what appears to be a lukewarm rental market. I think the homes are being sold to high compared to what they can earn in potential rent.
I'm looking for the ugly property on a nice block. NOt necessarily for flipping but definitely for a BRRR strategy. If you have any experience in the market with multi family or FHA repairs please let me know.