Submitted by MuskIsKing t3_xzbc13 in jerseycity
MuskIsKing OP t1_irpaf9y wrote
Reply to comment by Potential_Ship5662 in 4 Beacon way for investment. by MuskIsKing
But how do you manage profitability considering the high HOA, taxes, maintenance etc. not considering mortgage assuming you paid out apartment.
Potential_Ship5662 t1_isll4fr wrote
The 1br condos are cheap and there is a tax abatement. The HOA is ~$500/mo. Renting out between $2400-$2900 you make profit each month. Pretty easy.
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