Apartments

//Tag: Apartments

Certificate: Real Estate Property Management Training

Like most industries the real estate industry has a lot of moving parts; a lot of jobs and positions. Anything to do with selling, insuring or evaluating real estate requires a license. Each state, just like New York, sets their own guidelines about what education is required to get a basic license. That education is [...]

2017-04-04T02:39:46+00:00By |Categories: Uncategorized|Tags: , , , , , |Comments Off on Certificate: Real Estate Property Management Training

The Case For Rentals – Part 2: Cash Flow

Cash Flow is Everything I have a saying that I tell agents all the time “Rentals pays your rent and sales buy your home”. Agents that do rentals have much quicker and consistent cash flow. It just makes sense. The advantage to rent a few properties a month while you are waiting for your sales [...]

2017-04-04T02:39:47+00:00By |Categories: New York City, Rentals, Tips and Tricks|Tags: , , , , , , , , , |Comments Off on The Case For Rentals – Part 2: Cash Flow

The Case For Rentals – Part 1: Start Up Capital

Nothing works without “Start Up Capital” The rental side of the business has many advantages for both brokerages and individual agents. In this series I am going to outline many of the benefits to both companies and agents. The first topic that will be addressed is the capital required to launch a company or an individual career in real [...]

2017-04-04T02:39:47+00:00By |Categories: Investing, Rentals|Tags: , , , , , , , , , , |Comments Off on The Case For Rentals – Part 1: Start Up Capital

Midtown takes Miami: Is SoFlo the new Soho?

Shopping center and NYC commercial office space owner, Sam Tawfik, recently shelled out $12 million for 27 apartments off of Miami’s Biscayne Boulevard, with hopes of transforming the up-and-coming neighborhood into a 1990’s version of SoHo. "This is the time to be a New York seller and a Miami buyer," said Tawfik. "The upside is [...]

2017-04-04T02:39:48+00:00By |Categories: Investing, News|Tags: , , |Comments Off on Midtown takes Miami: Is SoFlo the new Soho?

Add a Master Suite for a High-Value Home Renovation

If you are looking at older homes that you would like to renovate and resell for healthy profits, here’s a piece of advice . . . Add a master suite A master suite – an area of a home that contains a large bedroom, a master bath, as well as closets and possibly a dressing [...]

Should You Buy a Rental Property and Convert it to a Condominium?

Perhaps you have your eye on a smaller apartment building that you would like to buy. And then an idea comes to you. Why not buy it and convert it from a rental property to a condominium? It’s an appealing. In some cases, you can earn large profits very quickly. However, you need to be [...]

2017-04-04T02:39:52+00:00By |Categories: Investing, Rentals|Tags: , , , |Comments Off on Should You Buy a Rental Property and Convert it to a Condominium?

Should You Take a Deposit when a Renter Fills Out an Application?

You’ve spent months getting an apartment or house ready to rent. Today you’re showing it to potential tenants. Wouldn’t it be nice if you could start to generate some positive investment income, starting today? It would be nice, of course. Yet accepting security deposits from potential tenants is usually not a good idea. Granted, some [...]

Homeowners’ Associations: You Can Buy, But Can You Live by the Rules?

Can You Live by the Rules of a Homeowners’ Association? Town homes or apartments that are located in gated communities or condominium complexes can be attractive real estate investments. In a complex, you won’t have to worry about paying for exterior landscaping, a new roof, exterior siding or similar concerns, because maintenance is handled by [...]

How to Set Up Showings for Rental Properties

How to Set Up Showings for Rental Properties When showing rental properties, you want to balance two different goals. You want to attract a large volume of possible renters – as many as possible, in fact. Yet you also want to attract qualified, reliable tenants who will pay the rent regularly and remain in your [...]

2nd Ave. Subway Delivers Bargain Rents

As rents around Manhattan flirt with all-time high prices, many young renters and bargain seekers have had to look to Brooklyn or Queens for affordable apartments. But there is a swath of the island that has bucked all the trends and actually become more affordable over the last couple of years: The corridor along Second [...]

2017-04-04T02:39:54+00:00By |Categories: New York City, Rentals|Tags: , |Comments Off on 2nd Ave. Subway Delivers Bargain Rents