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All Forum Posts by: J Morel

J Morel has started 1 posts and replied 7 times.

Post: New law set to stymie anonymous investments (LLCs) in real estate

J MorelPosted
  • Rental Property Investor
  • Bergen County, NJ
  • Posts 7
  • Votes 3

A new law set to stymie anonymous investments (LLCs) in real estate has industry groups and attorneys worried that the change will chill market activity and unduly burden buyers

https://commercialobserver.com...

Post: West Bergen & West Side, Jersey City Investments

J MorelPosted
  • Rental Property Investor
  • Bergen County, NJ
  • Posts 7
  • Votes 3

@Luis Savery focus on 2fam to 4fam homes at the moment, but would do larger projects with partners.

Post: West Bergen & West Side, Jersey City Investments

J MorelPosted
  • Rental Property Investor
  • Bergen County, NJ
  • Posts 7
  • Votes 3

@Luis Savery I'm looking in similar area and whole Bergen County. Love to network

Post: Closed on a $1,446,000 fourplex with 3.5% down via FHA / 203k!

J MorelPosted
  • Rental Property Investor
  • Bergen County, NJ
  • Posts 7
  • Votes 3

@Tom Wagner Congrats, Exciting stuff. Can you provide the bank you are working with? I'm looking to do similar deals in the Bergen/Hudson area as well.

Post: Hello BiggerPockets, I am back!

J MorelPosted
  • Rental Property Investor
  • Bergen County, NJ
  • Posts 7
  • Votes 3

Congrats on paying off the debt, I did the same in the past. Good luck finding 1s property in BC. I'm in the county too, and the market is extremely hot right now.

Post: New Jersey Markets to Buy Refi and hold

J MorelPosted
  • Rental Property Investor
  • Bergen County, NJ
  • Posts 7
  • Votes 3

Hey BP, 

Congrats @Sam Sala on your commitment to REI. I'm also looking to grow in RE investing. Currently owned a 2Fam in Bergen County. Looking for North Jersey counties 2F to 4F properties on my own. Also to partner in Multifamily (under 100 units) in the same area.

Post: Opportunity Zones Investing

J MorelPosted
  • Rental Property Investor
  • Bergen County, NJ
  • Posts 7
  • Votes 3

I was very intrigue last year when the Opportunity Zone Funds was being develop, even participated in Webinar call-ins as state started listing potential locations for OZ Funds, this moved fast, but the Capital Gains requirement left me out of investing. Then last week, as I drove thru Englewood, NJ I notice a huge sign "Opportunity Zone Property" near downtown.  Actually a nice area that i would invest in, but don't know how to do so at this time. Are there any other options outside of Capital Gains driven Qualified Opportunity Funds? Also great info on OZs via Enterprise https://www.enterprisecommunity.org/opportunity360