Just looking to see what’s everyone’s thoughts about investing in newark nj long term in the ghetto (C-D class ) .. the market is crazy hot right now in this area.

I got my start in real estate investing doing BRRRRs in C & D neighborhoods.

So, my experience tells me that the after repair appraisal is the weak link in BRRR in C and D neighborhoods.

The City Council is voting Tuesday on a $342 million Railyards development including:- New soccer stadium for Republic FC- 3,600-seat live music venue (transforming historic Central Shops)- Mixed-use entertainment district with housing, retail, commercialMajor capital is flowing into Sacramento's Railyards.

Purchased for $50,000 with $66,942 invested into rehab, the property was transformed and sold for $185,000.

If you could share the titles or authors that have significantly impacted your journey or transformed the way you approach real estate, it would be incredibly valuable to me.

Seeing a lot of stuff on the west Coast with people buying older SFRs with large lots...adding 2-3 ADUs, then they subdivide the property and condo-ize the ADUs to sell them off individually for some pretty insane returns.   

After a career as a professional athlete, I transitioned into full-time real estate investing with a mission to build a lasting legacy for my family and community.As the founder of S7M Enterprises LLC, we specialize in transforming underperforming multi-family properties into strong, cash-flowing assets.

The transformations, the before and after photos, the rent increases.But the real money was made the day I bought it.The Anchor ProblemWhen this seller came to me, they had a number in mind for what they wanted.

Immediate rent increases, strategic renovations, and vertical expansion can transform this property into a highly lucrative asset.Side Note: Want to learn more about converting Philly’s RM-1 properties to add units?