Investing in Hoboken

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I just returned from an investor meeting in Las Vegas… A few of us met with or property supplier from Charlotte. Investing there is different than in Hoboken. There are many cash flow positive units to be had in up and coming neighborhoods. And the entry price is below $100k.

When a client tells me that they are looking for a Hoboken investment property it usually falls into one of two categories. A condo purchased for rent or a two or three family building for rent. Sometimes the building will have a little commercial space with it too. The MLS is setup to focus on larger properties so investors need to find a skillful realtors who can provide a detailed snap shot of the investment…more on this tomorrow.

Why Vegas when my property is in Charlotte? You should see the building boom going on there. …and where else can you see Wonderboogie?

Hoboken Investment Properties
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Information deemed reliable but not guaranteed

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