Newbie Buy & Hold MFH - JC, NJ
Hi all,
New to BP, REI, and the North East (going on 1 year from TX). Looking to house-hack a $600k (or less) MFH in Jersey City to eventually afford these crazy NYC rent prices (NOT comparable to Texas haha). After reading many BP threads, I'm looking deeper into the Communipaw area of Bergen-Lafayette, trying, of course, to get as close as possible to public transit. Two questions, that I'm hoping the BP community can help me with today:
1. Any realtor and/or PM recommendations? From what I've been reading on BP, ideally folks who can help me with comps, estimating rental income, and getting access to off-market deals. I travel out of state quite a bit for work and would love to hear your thoughts on if it's worth having a PM while house-hacking.
2. Any specific local considerations (besides crime) when purchasing a MFH in the area? Even if it's a "go to Newark" comment, let's hear it.
I'd love to connect with investors in the area so if you're in/around NYC first round's on me :)
Thanks,
David