General Contractor recommendation request for Newark 2-Unit rehab project

[Adam Black]

I'm looking for a trusted GC who can work in Newark, to quote me on a 2 unit rehab 20-40k job to be done in March.

Anyone know anyone they  could recommend from personal experience, must have references insurance etc and be reasonably priced and reliable?

let me know 

Thanks

Adam Black 646 508 2975

[myron maurice ash]

Hello. Mr Black. if you can use the services of a property management company

please contact me, Myron Ash, at 862 224 4502. We can take care of the ills

that may arise at your sites. My email is [e-mail]

[Adam Black]

Thanks Myron your about a month to late but I will bare you in mind in the future.

thanks

[isaac weis]

adam would you be intrested in 3 family ready to go for 145k in newark nj?

[Adam Black]

No thanks Myron. I'm way to busy buying 4 families with 3 bed counts upstate, deals go for less upstate and better ROI, safer areas too. But thanks pass it onto Nick

[Adam Black]

Im not going to Binghampton, others have warned me away, the secret in lower class areas is strong local management and claculating that as part of yearly income you will have to evict someone every other year or so and pay a few K every other year for damage.  If you include all these aspects into your calculations and your still getting 30% , whats the problem?

plan for the worst and get someone else to do the heavy lifting.

I know Fishtown in Philli, not my cup of tea but it's coming up I hear.

[Adam Black]

Im not going to Binghampton, others have warned me away, the secret in lower class areas is strong local management and claculating that as part of yearly income you will have to evict someone every other year or so and pay a few K every other year for damage.  If you include all these aspects into your calculations and your still getting 30% , whats the problem?

plan for the worst and get someone else to do the heavy lifting.

I know Fishtown in Philli, not my cup of tea but it's coming up I hear.

[Joel Kraut]

Good news to hear.....great success up in the northern country!

 

One last suggestion....make sure you know the rules for the assistance groups....how long their guarantee is good for on the rent payments, 1 month, 3 months, 6 months or if very lucky one year.....that is important to understand....and the eviction laws in which ever counties you are working in....

 

Be great,

 

Joel

[Adam Black]

good luck you two, I'm busy upstate NY and in Philli.

[Joel Kraut]

Fishtown is great area to play in but stay out of Binghamton NY.....looks are very misleading.

[Adam Black]

Im not looking at Binghampton or fishtown , whaere is Fishtown NY?

I'm focusing on Oneida and Syracuse .

[Joel Kraut]

Hello Adam,

Fishtown is in subsection of Philly.

 

In the 'Cuse stick to Student housing.  It all looks good on paper but when you experience it for a while the troops will wear you out between eviction for nonpayment, vandalism and general nonsense....be careful in welfare state areas...cap rates look great and are great SELLING tools they do not help buyer.....just from my own experiences up in the area....