A REIT is a company that owns and operates real estate. This type of investment can be attractive to investors for many reasons, not the least of which is the tax benefits. The IRS offers favorable treatment for investments in REITs by offering a special lower rate on capital gains and dividends received from these types of investments. In this… Read more →
This time of year brings a lot of joy and comfort around many homes downtown. Here are seven helpful tips to make your home the holiday destination for friends and family. Color-Coded Bulbs Top decorators pay a lot of attention to the details, and one thing they’ll never miss is color coordination. For instance, when you replace your current bulbs… Read more →
REITs have become rather popular among investors looking to diversify their portfolios. These provide an easier way to gain exposure to real estate than purchasing a property. However, not everyone understands what they are or how they work. Here are a few tips to help you gain a better understanding of them. What Is a REIT? First, let’s talk about… Read more →
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 →
Finding the perfect place to call home takes quite a bit of legwork. Often, you’ll have to move from one apartment to another until you identify an apartment that suits your needs. But when searching for an apartment, you’ll need to move fast. Otherwise, you’ll spend too much time viewing a couple of apartments and miss out on other great… Read more →
When it comes to choosing between a studio or a one-bedroom apartment, there are a few things to consider. A studio apartment is essentially just one big room, with a separate bathroom, whereas a one-bedroom apartment has the bedroom and bathroom separated from the main living area. They each have benefits and drawbacks, depending on lifestyle and budget. Both… Read more →
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 →
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 →
Downsizing during a move makes it easier to live in a smaller space, and you’ll feel freer when you don’t have so much stuff to take care of all the time. Many renters downsize when they are moving to a new home, or you might be downsizing to make life in retirement more enjoyable. While the job might look overwhelming… Read more →
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 →
