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Investment Properties in Jersey City : Real Estate Advice

  • All1K
  • Local Info93
  • Home Buying310
  • Home Selling25
  • Market Conditions36

Activity 24
Tue Mar 7, 2017
Rajshree Banerjee answered:
Hi Krishna- When a property has a protected tenant, it means you cannot evict the tenant, unless they violate the lease terms in any way for the lifetime of the tenant under whose name the lease is. Please be very careful before bidding on such properties and have an attorney go through all details. Contact me and I will help you find well priced properties, with no cloud on them. ... more
0 votes 1 answer Share Flag
Wed May 18, 2016
Karen Peyton answered:
Speak with a tax professional and with them go over the "entire" scenario. Ask everything! Omit nothing! Rely upon them for the answers without assumption of what the answers are or will be.

Get help on this one. You need it!
... more
0 votes 1 answer Share Flag
Sun Apr 17, 2016
Andrew Tisellano answered:
Hi

I have closed about 10 short sales this year on both sides and also have another 5 about to close next month.

Are you looking to sell or buy?

I also have my partner that specializes in the Hud and bank owned properties that go on auction on the internet. We have a few of these deals in the works. the contract for these are more cumbersome and you need someone with experience to help you get them.

My team works in all areas of northern Jersey and Elvin and Greg can help you in Jersey City.

I also use an attorney that knows how to deal with the banks that can help you on either end.
... more
0 votes 5 answers Share Flag
Mon Jun 22, 2015
Kash Vaidya, MBA answered:
Work in conjunction with an architect and local jurisdiction. Architect can determine what you would like to do with the place and create design and specs. This can be presented to the city to determine what variations, permits, licenses you need to get this done

Best of luck
... more
0 votes 1 answer Share Flag
Fri Mar 27, 2015
Diana Hellman answered:
My recommendation if no one responds on this general question/answer platform, is to google an established real estate agency in Jersey city and speak with realtors in order to find out your answers. It also would be advisable to actually make an appointment with one of the realtors to get a tour of the area so you feel you are doing your due diligence. You can also ask the realtor for recent sales and some statistics in the areas they are recommending.. ... more
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Thu Feb 5, 2015
Rajshree Banerjee answered:
HI Mike- Its been a couple of months that you have asked this question. For 135 Montgomery you do need Board Approval to rent.
0 votes 1 answer Share Flag
Mon Feb 2, 2015
Rajshree Banerjee answered:
Hi

Not Sure if you were able to get help regarding this on time and if you are still looking. Both the cities provide Prime investment opportunities. Will two 300K or 1 600K be better? Well that depends on the particular neighborhood you are looking to buy in. To help you get a better understanding of both the RE markets, lets set up a meeting and I will help you come up with the best possible game plan for your investment/s.

--
Rajshree Banerjee
Weichert Realtors- Exchange Place, Jersey City
251, Washington Street, Jersey City NJ 07302
860-328-0857 (C)
Email: WalkableLiving@gmail.com
... more
0 votes 1 answer Share Flag
Mon Feb 2, 2015
Rajshree Banerjee answered:
Hi Michelle-

Not Sure if you were able to get help in time regarding this.

Please feel free to contact me incase you have any concerns and looking for guidance.

Rajshree Banerjee
Weichert Realtors- Exchange Place, Jersey City
251, Washington Street, Jersey City NJ 07302
860-328-0857 (C)
Email: WalkableLiving@gmail.com
... more
0 votes 1 answer Share Flag
Tue May 6, 2014
Darlene Thatcher answered:
Tue Feb 4, 2014
Andrew Tisellano answered:
Yes I or any other experienced Realtor can take a look at the property and do a comparable market analysis for you.
Please contact me so that I can help you.

As per the numbers alone you need to consider condition and location of property not just the income and expenses. Also the type of uses it could be used for as per the city could drastically change the price. ... more
0 votes 3 answers Share Flag
Sat Jan 4, 2014
answered:
Let's discuss your loan scenario in more detail. Contact me at 800 315 8803 or 973 979 4100. My name is Bart and I have been in the mortgage business since 1987. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario.


Until then, I look forward to hearing from you.





Bart Gabe

www.bartprequalifies.com

bart@bartprequalifes.com

800 315 8803



NMLS# 20743 - my licensing information

http://www.nmlsconsumeraccess.org/ - link to look up my license number
... more
0 votes 4 answers Share Flag
Mon Oct 21, 2013
Diane Maxon answered:
Hi Tim -

2787 is a very good building. Generally investors in condo buildings are not subject to many restrictions. They are obligated to the same restricitions as resident owners and have the responsibility to make sure that their tenants comply with all rules and regulations.

The questions you are asking are usually resolved in the attorney review process after you have come to a price agreement with the seller. If you would like help with JSQ properties, please contactl me. I live at 2600 Kennedy and am very familiar witht he entire area.
... more
0 votes 2 answers Share Flag
Fri Aug 9, 2013
Victor Rezabala answered:
Fri Aug 9, 2013
Victor Rezabala answered:
Fri Aug 9, 2013
Kevin Bartlett answered:
Dennis,

I have some buildings i'd like to send your way. Please reach out at your earliest convenience to further discuss.


Best Regards,


Kevin Bartlett
VP Hudson County Sales
NJ License- Broker Associate

Commercial â–ª Residential â–ª Development â–ª Management

840 Bergen Ave, Jersey City, NJ 07306
Tel 201.420.1300
Fax 201.420.1726
Mobile 201.819.5094
Email kbartlett@alexander-anderson.com

Hackensack â–ª Jersey City

www.alexander-anderson.com
... more
0 votes 4 answers Share Flag
Fri Aug 9, 2013
Emil Veltre answered:
Good morning Bharath,

Not sure where you are with this, however, I have a couple of attorneys that I work with for Short Sale Transactions.

If you are currently working with a Realtor, then, as Diane mentioned below, he or she should know an attorney well-versed in the Short Sale Process.

If not, give me a call at 973.868.4034 to discuss and I would be happy to review with you.

Have a GREAT day!


Best regards,
Emil

Emil Veltre, RPh, MS, CDPE
Realtor Associate
Liberty Realty
Mobile: 973.868.4034
E-mail: EmilVeltre@aol.com
... more
0 votes 5 answers Share Flag
Sun Jun 16, 2013
Pat answered:
Hi Jim
I am selling an investment property in Jersey City. check out www.854westsideave.com to see if you are interested.
thanks
Pat
pmazza@comcast.net
0 votes 6 answers Share Flag
Sun Jun 16, 2013
Pat answered:
Hi
I have a 2 family home with a 3 car garage for sale in Jersey City. Excellent rent roll for the 2 units plus garage rental. check out the website www.854westsideave.com for more details. feel free to contact me or the listing agent to see tomorrow!
thanks
Pat
pmazza@comcast.net
... more
0 votes 3 answers Share Flag
Sat Apr 20, 2013
Greg & Kim Taylor answered:
With the interest rates being so low, we are getting to a level where a lot of renters are opting to buy. Thats creating a situation where there are less tenants and more rental inventory. More options make it more difficult for you to rent.

With 12 showings, consider the following:
1. Get feedback to see why the prospective tenants didn't pull the trigger
2. Offer those same prospects an incentive (Pay a portion of the fee or whole fee)
3. Reduce the price so you are the best available in the market place

Of course the property needs to be easily shown and be in good/great shape. I hope this helps and good luck!
... more
0 votes 5 answers Share Flag
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