Multifamily properties are gaining traction in New York City. Many people are considering multifamily investing by putting their resources in apartment buildings and townhouses. Most multifamily investors look at ways they can increase their revenue streams through rental income. They boost their net operating income by ensuring their houses are not vacant. Participating in multifamily investing requires significant capital with… Read more →
Tag: House
The Importance of Diversification in Real Estate Investing
Real estate investing can be a great asset for long-term investment. Although the real estate market is one of the most stable markets in the world, diversification is important in this investment class, too. There are many ways to invest in real estate through various platforms such as property management, construction, or flipping. Diversification helps investors mitigate their risk… Read more →
Selling a House with a Lien
Many homeowners find themselves in a position where they must sell their current home even though there is a lien against the property. They worry that the lien could possibly hinder their ability to market the house. What is a Lien Investopedia describes a property lien as a: “legal claim against property that allows them to collect what they’re owed.”… Read more →
The Pros and Cons of Refinancing Your Mortgage
One of the most common questions that people have when considering refinancing their home is: will it be worth it? The answer to this question depends on whether you need to do so for financial reasons or simply looking for a lower interest rate. If your current mortgage has an interest rate that is significantly higher than what’s available… Read more →
When to Work With an Expeditor in Real Estate
What is an expeditor? Real estate professionals often choose to hire an expeditor when they have a highly complex transaction or multiple properties involved. An expeditor helps the realtor negotiate and close deals more quickly by taking care of the logistics. Expeditors may also be hired for significant transactions with multiple parties who do not live in the same area… Read more →
Last-Minute Projects to Do Before Selling a Condo
If you’re getting ready to sell your condo, you’re going to need to invest some time, money, and a little elbow grease before putting it on the market. Everything you do to prepare your condo to go on the market will influence the final sale price. The following are a few important items to focus on before you try and… Read more →
Smarthome Security for New York City Apartments
If you’re a young adult, it can be pretty tempting to move to New York City. The city features a lot in terms of dining, entertainment, nightlife, and more. You do have to worry a bit more about safety. For safety, you’re not only going to have to think about yourself but your apartment. With an unprotected apartment, you… Read more →
The Uniqueness of Buying Real Estate in NYC
If you’ve bought real estate in any city around the world, you might feel prepared to purchase your first property in New York City. However, the complexity in terms of paperwork and pricing that you have to deal with is unparalleled. This can leave you easily stressed to the point where you just want to give up. Fortunately, you… Read more →