Recent comments in /f/newjersey

NetPhantom t1_ja80579 wrote

Buying stocks doesn’t include leeching off people’s labor. Renters will pay you more than your mortgage. You’ll take their money then pay your mortgage getting credit for THEIR money. You’re directly profiting off their labor by inserting yourself in the process. There’s zero upside for the renter. If you’re ethically ok with that then be a landlord. It’s a choice you need to make for yourself.

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Rude-Bison-2050 t1_ja80052 wrote

Don’t listen to all the broke babies here. Everyone has the same opportunity to buy if they want. Rent it out.

The only thing I would add is with rates the way they are now your profit margin on a single unit is probably low. If you were living in the other unit solidly worth it still.

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specialgravity t1_ja7z0xj wrote

Rahway has a nice downtown area, great shopping nearby, the parkway and turnpike are accessible and close by, great parks, shade, sidewalks (in theory it's walkable, depending where you live), a major hub train station that has two train lines running through and depending on the train it can take 40-50 mins to get to midtown manhattan (and you're usually only waiting up to 20 mins to get on the next train in or out of NYC). Only drawback is that the schools suck and the taxes are high. Parking can be annoying too for some of the homes or apartments with no driveway or lot.

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